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Peru: Fin Min reiterates legal stability for companies

Photo: ANDINA/Presidency of the Council of Ministers of Peru

20:02 | Lima, Nov. 24.

Peruvian Economy and Finance Minister Pedro Francke on Wednesday reiterated that the Government guarantees legal stability and security for companies which have decided to invest in Peru.

"We reaffirm our stance on dialogue with the communities of areas of influence and mining companies towards a real and sustainable solution to social conflicts," he wrote on Twitter.

Similarly, the Presidency of the Council of Ministers (PCM) shared a statement on the dialogue held with the National Society of Mining, Oil, and Energy (SNMPE).

It affirmed that Peru's Government seeks to promote a new approach on the active and positive relationship between mining companies and populations in areas of influence, after ruling out the unilateral closure of mining operations.

With that statement,

the PCM reiterated its absolute and unrestricted respect for fundamental rights, the current constitutional and legal framework and freedom of business, within a framework of stability and legal security, based on the principle of predictability for private investments and of improvement in social and environmental spheres.

Garantizamos estabilidad y seguridad jurídica a las empresas que han decidido invertir en el Perú.
Reafirmamos nuestra posición de diálogo con las comunidades de las áreas de influencia y empresas mineras hacia una solución real y sostenible de los conflictos sociales.
— Pedro Francke (@pedrofrancke) November 25, 2021

(END) MVB

Published: 11/24/2021

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Peru: Fin Min reiterates legal stability for companies

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