IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Aug 2012 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On August 1, 2012, the government of Bolivia issued the Supreme Decree No. 1308 revoking the mining concessions held by the Compańia Minera Malku Khota S.A. (CMMK), a wholly owned subsidiary of South American Silver Limited (a Canadian mining company), in Malku Khota (one of the world's largest undeveloped silver and indium sites).
This cancellation of mining concessions followed the kidnapping of South American Silver's employees and a policeman by locals at the end of June 2012. The Bolivian government made a deal with the leaders of the local community whereby the hostages were released in return for an end of the mining operations conducted by South American Silver in the region.

AFFECTED COUNTRIES

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