NEW DELHI: Bolivia, known to have the largest reserves of Lithium, has offered the metal – used in making batteries of electric vehicles, laptops and smart phones – to India.
The South American nation’s ambassador to India, Sergio Dario Arispe Barrientos, said the country has the largest deposit of Lithium and India could explore this opportunity.
Barrientos said his country is willing to sign a Preferential Trade Agreement (PTA) – a pact between countries that provides preferential access to certain products by lowering tariff and other conditions – with India for select goods.
Terming Prime Minister Narendra Modi as somebody respected in the international community for a host of measures being taken by him, the Bolivian ambassador said he expects him to explore Latin America more to create a win-win situation for both the countries.
He, however, rued the fact that India does not have its embassy in Bolivia. “We still don’t have an embassy of India in Bolivia. We have a concurrent embassy. If India wants to be the world’s largest economy, it needs to have presence everywhere,” Barrientos said. PTI
