Wednesday, March 29, 2023

Bolivia calls for the continued articulation of Latin America to defend its strategic resources

Minister of Hydrocarbons and Energies, Franklin Molina, in a press conference. Photo: Bundle.

La Paz, March 13, 2023 (ABI). – Bolivia invites the Latin countries to continue with the process of articulation to defend strategic resources, because the region is no longer the exclusive expression of raw materials, the Minister of Hydrocarbons and Energies, Franklin Molina, urged this Monday.

“We invite all the countries of Latin America to continue with the process of articulation, within the framework of strengthening relations against abuses, because Latin America is no longer exclusive of raw materials, today we strive to industrialize with the government”, the authority. he said on Twitter.

According to an institutional report, the authority made this invitation after controversial statements by the Head of the South American Commission, Laura Richardson, who said: “We have neglected our own lobby”, when referring to Latin America – and especially we were called. The “Lithium Triangle” is made up of Argentina, Bolivia and Chile – because of the natural resources that exist in the region.

“The statement by Mrs. Richardson, Head of the US Southern Command, to refer to Latin America in such aggressive terms as a backyard, shows a total ignorance of the importance of our country in global development,” Molina tweeted in another.

On Sunday, in contact with TV Bolivia, the minister highlighted the model of Bolivia’s sovereign investment in industrial lithium, which was confirmed in the agreement signed between the company Yacimientos de Litio Bolivianos (YLB) and the Chinese consortium CATL, BRUNP & CMOC (CBC). January, in which the public company maintains 100% ownership in the entire evaporative chain.

After participating in that channel, his Twitter account highlighted: “Since 2006, #Bolivia has not allowed interference. We have the highest model to develop the #lithium industry and our own fortune. We are leaders and we work with whoever offers the best conditions for the country.”

In April 2022, Bolivia will host the “Prospective Lithium from Latin America” ​​forum, the first meeting of lithium between Latin American countries that have the largest reserves of this strategic resource in their territories. Event participation of Argentina, Chile and Mexico, as well as the Economic Commission for Latin America and the Caribbean (Cepal).

Lithium is considered a suitable metal for the global energy transition because it is used to manufacture electric energy batteries. Because the countries of the world have organized their industries to reduce environmental pollution, through electric vehicles and the generation of electricity with renewable sources such as wind or solar, the “white gold” has become the focus of attention, for the development of the so-called transition.


Nation World News Desk
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