Business

The Bolivian State and Comibol excluded from the arbitration process with Indian Jindal Steel

The Bolivian State and the Bolivian Mining Corporation (Comibol) were excluded from the arbitration process that the Indian Jindal Steel began against the state-owned Mutun Steel Company (ESM), informed the Bolivian government. Jindal seeks compensation of $US86 million after the Morales Administration executed a warranty bill for not finishing the steel project in Mutun.

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Source: El Deber

Categories:Business