Momentum for Red Tape Reform in Chile Picks Up
Significant permitting reform for mining and other sectors is likely to materialize, but the details are uncertain as November elections loom.
The decision by Chile’s government to scrap the massive Dominga copper and iron mining project in January, and the resulting court battles, have roiled debates over red tape and regulation in the country, where natural resources make up 77.6% of exports. These debates—which go far beyond the mining sector—have become a campaign issue ahead of the November general election as the business community demands lighter regulation and President Gabriel Boric defends his record and tries to forge compromises with his critics. On June 1, in the last national address of his term, Boric...
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