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Reuters reported on Tuesday that a consortium of Indian companies, led by Steel Authority of India, is trying to renegotiate the terms of an iron ore deal with Afghanistan worth up to $10.8 billion.
Reuters reported on Tuesday that a consortium of Indian companies, led by Steel Authority of India, is trying to renegotiate the terms of an iron ore deal with Afghanistan worth up to $10.8 billion.
As quoted in the market news:
The situation arose after India’s finance ministry refused to help finance the consortium without a detailed study about the commercial viability of the project.