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July 5, 2022
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Mining sector asks the Executive to solve the “excessive paperwork” and overregulation

Mining sector asks the Executive to solve the "excessive paperwork" and overregulation

The requested the solve the “excessive red tape” and overregulation. He pointed out that in order to counteract the serious crisis facing the national industry, urgent measures must be taken to promote a promoter, predictable and transparent regulatory framework.

In addition, he said that it is necessary for the government to work together with the private sector to develop policies that contribute to the progress, sustainability and competitiveness of this economic activity.

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During a meeting, held at the headquarters of the Ministry of Energy and Mines, the directors of the union expressed their concern to the head of the sector, Alessandra Herrera, about the uncontrolled advance of illegal mining, as it is becoming a serious threat to the country. They considered that the private sector should be included in the analysis and proposals for solutions to the problem.

They also asked him to take action to prevent social conflicts and, in this way, ensure the growth of formal mining. Likewise, they indicated to the head of the Minem that a more efficient and transparent use of the economic resources generated by the sector, such as the canon and royalties, must be achieved in order to close the social and infrastructure gaps.

The SNMPE added that to avoid collapse, it is necessary to encourage the inflow of capital, as this could increase oil production to alleviate the impact of the international cost of fuels. Finally, he said that it is urgent to adopt a public policy decision on the six exploration and exploitation contracts that are about to expire in the northeast.

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