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
Famous quotes containing the words relations with, relations and/or india:
“I only desire sincere relations with the worthiest of my acquaintance, that they may give me an opportunity once in a year to speak the truth.”
—Henry David Thoreau (1817–1862)
“Words are but symbols for the relations of things to one another and to us; nowhere do they touch upon absolute truth.”
—Friedrich Nietzsche (1844–1900)
“India has 2,000,000 gods, and worships them all. In religion other countries are paupers; India is the only millionaire.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)