Business Chamber backs court route to end mining tangle

The decision on the Mining Contract is in the hands of the Supreme Court, a judicial instance that has received six lawsuits against Law 406.

Panama’s Chamber of Commerce, Industries, and Agriculture (Cciap) says that the opinions issued by the Attorney General and the Attorney General of the Administration on the constitutionality or unconstitutionality of Law 406 that approves the Mining Concession Contract, are timely.

Therefore, the call by the CCIAP to the Supreme Court (CSJ) is reaffirmed to rule in law for the national well-being in accordance with the situation the country is going through.

“After analyzing the different paths that have been proposed in the midst of the crisis, we reiterate that the judicial path is the most appropriate institutional path and that it will have the least impact on the country in terms of social, economic, and political aspects,” said Adolfo Fábrega, president of the union.

Fábrega called on the National Assembly and the Executive Branch to allow the Judicial Branch to act legally and in a timely manner

The business community believes that both the Executive and the Legislature should focus the debate on enacting a moratorium on the granting of mining concessions for both exploration and exploitation of those that are not operational, are in process, and new concessions; as well as the review and strengthening of the Mineral Resources Code.