House Writes Executive Over Liberia’s Economic Architecture

Monrovia- 0ctober 31, 2022: The House of Representatives has called on the Executive to partner aimed at reshaping the Country’s Economic Architecture with investors in the areas of extraction of mineral such as iron ore, gold, diamond timber, etc.

House Speaker Dr. Chambers

The House in its Communication to the Executive stated that some of those agreements, protocols, conventions and treaties that involve bilateral and multilateral partners with the State need to be reviewed to match the changing times, considering the best interest of the People.

The People’s Deputies said consistent with the spirit of coordination for sustainable socio-economic development of the Liberian people and Government, the Leadership of the Honorable House of Representatives further directs to the President of the Republic of Liberia and Head of the Executive for his timely consideration in reviewing those Concession Agreements; especially those that have exceeded the review period.

Some of the Agreements to be reviewed will include; APM Terminal, Global Logistics Services, Nimba Rubber Corporation, Cavalla Rubber Rehabilitation, Liberia Agricultural Company, Firestone Rubber Plantation, Equatorial Palm Oil, Golden Veroleum, Maryland Oil Palm Plantation and among several others.

The Legislature being the fulcrum of Democracy is very committed to working in the interest of the Republic of Liberia.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.