A statement from the Legislative Assembly of El Salvador reads:
The legislatative assembly has received a bill requesting the suspension of exploration and metal mining in El Salvador.
The President of the Legislative Assembly, Siegfried Reyes, accompanied by representatives from the Committee on Environment and Climate Change, today received from the ministers of the Environment and Natural Resources (MARN), Herman Rosa Chavez and Economy (MINEC) Armando Flores, a draft Special Law for the Suspension of the Administrative Procedures related to Project Exploration and Exploitation of Mineral Mining.
Minister Rosa Chavez said the proposal aims to "provide for the temporary suspension of all current or future proceedings relating to the implementation of projects for exploration and metal mining in the country", which has been received in both ministries and new applications can not be made until the suspension has been lifted on the basis of a comprehensive review.
For its part, the Finance Minister said that the joint work, was made with full awareness that "our country does not have the necessary conditions at this time to allow this type of works, and that it would harm the health of the inhabitants of the areas where both exploration and mining are performed. "
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A Congress committee has initiated an investigation into a new law that would prohibit mining within national territory.
The parliamentary initiative seeks to eliminate mining in El Salvador," a communication by the Legislative Assembly states.
"On the Committee for the Environment and Climate Change both the governing left and opposition right leaning parties are represented and all agree on the need to enact a law that bans the exploitation of the country's mineral resources," reports Laprensagrafica.com.
A draft law on Secured Transactions has been presented in the Legislative Assembly, which gives MSMEs greater access to commercial credit.
The Minister of Economy, Armando Flores and the Deputy Minister of Trade and Industry, Francisco Lazo presented today, Monday, January 7, to the President of the Legislative Assembly, Sigfrido Reyes, a draft law on Secured Transactions with which it is intended that the micro , small and medium enterprises (MSMEs) will have greater access to commercial credit through collateral.
Should the draft legislation under discussion in the Assembly of Panama be approved, 25 applications for mining exploration in the Ngäbe Bugle region would be made void.
The bill would see the prohibition of granting concessions for the exploration and exploitation of metallic and nonmetallic minerals in Ngäbe Bugle. Only those extractions that benefit the region would be authorized.
The Assembly of Panama has approved, in its first reading, Bill 415 on environmental protection, without the article which eliminates existing mining concessions.
Panama's National Assembly approved on first reading Bill 415 which is related to the special protection of water, environmental and mineral resources in Cerro Colorado, with the omission of Article 5, which would have eliminated existing mining concessions and forced the companies operating there to suspend work.