India and Bolivia have shared cordial relations for a long time. At a time when India is expanding its sphere of influence across the globe, Bolivia cant be left out form the picture. The country is a goldmine of reserves of the element Lithium. India requires a large amount of it to fuel its renewable energy and electric vehicles programme. India has initiated dialogues with the so called ‘lithium triangle’ — a group of countries comprising Chile, Argentina and Bolivia — that sits on the world’s largest lithium deposits and is seeking investments from Indian businesses to develop some large mines.
In an exclusive interview with BW Businessworld Bolivia’s Ambassador to India Sergio Arispe discusses bilateral, the roadblocks in improving ties and Boilivia’s gold equivalent- Lithium.