Bolivia, Peru, Ecuador: Indian Interest

Massimiliano Cali is surprised to read that, shortly after the nationalization of the natural gas sector, “the Bolivian government is set to approve a US$ 2.3bn bid by two Indian companies to extract of one of the world's largest untapped iron ore deposits.” Meanwhile, Boz notes that India also began free trade negotiations with Peru as well as trade agreements in Ecuador. Says Boz: “If this was the US, the anti-globalization crowd would be up in arms over the imperialist economic moves. With India, nothing to see here folks, just keep moving along.”

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