The delegation was addressed by the chairman of the chamber. He informed the delegation that the chamber is involved in production and have little to do with mining. The chamber does not consider Bolivia's nationalization a success. It believes that Peru's and Chile's successes can be attributed to creating an attractive environment for investors. The chamber stated that it does not believe in mixing politics with economics. The Chamber outlined the history of ownership in the mining industry commencing from 1952 to date. It believes that the State is crowding out the private sector in the mining industry. The Chamber informed the delegation that ownership in mining can be categorized into private, cooperatives and state owned. In 2007, mining represented three per cent of GDP. Private companies account for 80 per cent of mineral exports.