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Bolivia and JSPL close to settling dispute - Report
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Tuesday, 14 Aug 2012
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Financial Express reported that the Bolivian government and Jindal Steel & Power Limited are reportedly moving closer to sorting out their dispute even as both accuse each other of cheating.

Sources said the Bolivian government wants JSPL to hold talks at the Indian embassy in Peru. How the Jindals skipped out of Bolivia, however, remains a mystery. There is no evidence of their having taken the airport route out, the Bolivian government claims.

Bolivian mines minister Mario Virreira has invited JSPL for reconciliatory talks on the matter, but the company wants the meeting to happen at a neutral place or through video conferencing due to the prevailing situation in the country. JSPL has named Brazil, Chile and Spain as possible venue for talks.

A source close to the Bolivian government said that "Why can't the Jindals organize a meeting when they have the Indian ambassador in Peru with them in the delegation? Then, they won't need to be worried about getting arrested in Bolivia.”

JSPL vice chairman and head (global hunt) Vikrant Gujral reportedly left the country in May and other senior officers left Bolivia overland through Puerto Suárez (Santa Cruz) to Brazil.

Source - Financial Express

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