Relations With India
India's largest investment project in Latin America was the Jindal Steel and Power iron ore project worth US$2.1 billion and said to be the largest single module of any commercial direct reduction technology project in the world. However, there were hurdles when Bolivian Mines Minister Jose Pimentel said that an addendum may have been required for the Mutun iron ore reserves, amidst Morales' protective provisions in the new constititution to ensure foreign entrepreneurs do not gain an unfair advantage over underdeveloped resources. However, Jindal, later said that the project was back on track.
Read more about this topic: Foreign Policy Of Evo Morales
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