August 21, 2006

Evo Morales Says the People Own Bolivia

La Paz
Aug 18
Bolivian President Evo Morales highlighted that the country s natural resources belong to its native peoples, which should be on the watch for their use by the State.

In a meeting on Thursday with social movements from eastern Santa Cruz department, the president explained a contract signed with the Indian Jindal Stell Company to mine El Mutun iron deposits.

Morales said those will never be taken away from their true owners.

The popular movements expressed their satisfaction with Jindal s promise to invest over $2.0 billion and create 21,700 direct and indirect jobs.

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