Projet de loi sur les mines, « un pas important » vers le développement du secteur
Summary of Legislative Discussions on Mining Law in Algeria
On Saturday, members of the Algerian People’s National Assembly (APN) engaged in a significant discussion regarding a new mining law, which is viewed as a vital step for the development and enhancement of the sector. This initiative aims to support economic growth, attract investment, and ensure the conservation of national resources for future generations.
During a session led by APN Vice President Ahcène Hani, various officials, including the Minister of Energy and Mines, Mohamed Arkab, and the Minister of Parliamentary Relations, Kaouter Krikou, addressed the legislative measures. The deputies emphasized that this law could lead the mining sector toward sustainable development.
Key Highlights from the Discussions
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Ambitious Initiatives:
- Deputy Samira Berhoum from the Front El Moustakbal described the law as an "ambitious approach" aligned with President Abdelmadjid Tebboune’s vision to position mining as an economic growth driver. The law aims to diversify Algeria’s economy and reduce reliance on hydrocarbons.
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Investment Attraction:
- Berhoum noted that the law establishes a legislative framework conducive to attracting both national and foreign investment while simplifying regulatory processes. This approach emphasizes responsible resource management to safeguard them for future generations.
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Economic Transformation:
- Deputy Nacer Bettiche from the FLN applauded the law as a "major turning point" for enhancing economic sovereignty and achieving sustainable development. He highlighted the intention to transition the mining sector from a static state to a dynamic economic lever through administrative simplifications and the elimination of bureaucratic constraints.
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Governance and Transparency:
- Bettiche also pointed to the establishment of a recourse mechanism as a positive step towards better governance and equitable management of mining activities, fostering a competitive investment climate.
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Strategic Development:
- Deputy Zine Labidine Saidani of the Rassemblement National Démocratique highlighted the law’s strategic importance, addressing transparency, environmental protection, and resource preservation for future generations.
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National Strategy:
- Independent Deputy Madjed Cherid remarked that the proposed law includes a national strategy for developing the mining sector, encouraging participation from both domestic and international investors, while suggesting clarifications on certain terms within the text.
- Support for Local Communities:
- Several deputies voiced the need to enhance support for youth in Southern Algeria concerning artisanal gold mining activities, advocating for an increase in the number of licenses issued in this area.
Economic Committee’s Report
The Economic Affairs, Development, Commerce, Industry, and Planning Committee, in its preliminary report, asserted that the law aims to improve the investment climate in the mining sector. This objective will be achieved by creating a more favorable legal environment and simplifying procedures to bolster transparency in exploration and support the mining industry’s development.
Conclusion
The discussions reflect a strong consensus among the deputies regarding the new mining law’s potential to transform Algeria’s economy by fostering sustainable development, attracting investments, and establishing a framework that prioritizes responsible resource management. The focus on governance, environmental protection, and local community engagement underscores a holistic approach toward mining and economic diversification in the country.
