Bolivia does not encourage industrialization of minerals, why not?!

Santiago Espinoza reports for La Opinion:

EMPLOYERS ARE MINING PROPOSAL TO ENSURE THAT THE LAW TO FAVOUR THE GENERATION OF VALUE ADDED AND JOBS

They note that new rule limiting the industrialization

2014-03-12 09.52.46 amCochabamba mining entrepreneurs note that the industry Law encouraged by the national government, lacks an incentive policy for the industrialization of minerals and consider that the norm condemns the country to remain stagnant in the production and export of raw materials without aggregate value.

A way to overcome such limitations, the Chamber of Exporters of Cochabamba (Cadexco) and the Departmental Chamber of Mines (Cademin) have developed a proposal to reroute the content of the draft law, particularly with regard to boost industrialization and generating jobs for the sector.

Industrialize. The president of the Departmental Chamber of Mines (Cademin), Javier Bellot, said that his comments on the new rule in the mining sector are concentrated in the first 15 articles.

“It’s just a rule that would define the how to interact when in fact what is needed is a rule whose purpose should be to promote and ensure the responsible use and planned [strategy] for mining natural resources, ensuring industrialization to overcome dependence on the exploitation of raw materials,” said Bellot, referring to his proposed alternative wording of the law.

http://www.opinion.com.bo/opinion/articulos/2014/0312/noticias.php?id=122239

Just hope current Bolivian central government comes to its senses and addresses this legitimate, rational concerns!

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