Luxembourg’s Ambassador Gaston Stronck has stated that the company is open to lend support to ArcelorMittal for taking forward its plans in India. Luxembourg is ready to support if ArcelorMital wishes and seeks help, Stronck said. Arcelor Mittal, which had shifted its headquarters to Luxembourg, had approached the authorities for related licences and tariff for market access to India, said Stronck, who was speaking on the sidelines of a CII event Kolkata.
Tariff and market access matters were handled by the European Commission initially, but if ArcelorMittal is not satisfied with the outcome, then Luxembourg would take up the matter with the Indian government, he said.
ArcelorMittal had inked a Memorandum of Understanding with the Odisha government in December, 2006 to set up a 12 mtpa steel plant in Keonjhar district at an investment of Rs 40,000 crore.
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