Argentina signs mining deal to unify regulations, attract investment

June 13, 2017

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Argentina’s national government and the governors of 20 provinces signed a mining deal on Tuesday to harmonise taxes and regulations in hopes of attracting investment, but the action was criticised by industry sources and environmentalists alike.

The agreement, which needs approval from Congress and the 20 provincial legislatures, sets a 3% ceiling on royalties mining companies pay to provinces.

Category: General