The Panama Chamber of Construction (Capac) stated that the judgment of Supreme Court of Justicedeclaring Act 406 of October 20, 2023 unconstitutional, is final and conclusive and therefore no appeal is allowed against it.
According to Capac, in this way, the causes that fueled the popular protests of a large part of the population are removed.
For the union, what is going now is that the right to free movement of the Panamanian population is respected without any restrictions, in such a way that every citizen can exercise that right without any restrictions other than those established by him Constitution and Law.
the same way, every economic sector must return to its daily activitiesensuring the conditions for the restoration of social, educational and economic activities in the entire national territory.
According to Capac, we have to make common sense that it is The mine closure process must be gradualand determined, in a way that does not aggravate the environmental damage caused in the areas affected by mining activity.
“We hope that the national government will present to the Panamanian community a proposal or an orderly plan of all the activities, audits and other components necessary to comply with the mine closure process,” the statement added.
Yesterday, the Supreme Court of Justice, by a unanimous decision of the plenary session of the highest judicial body, declared Law 406 unconstitutional.
The judges identified 25 violations of the political constitution of the Republic of Panama.
As a sign of rejection of the mining contract, civil society, union members and various unions demonstrated for more than a month with protests and street closures.
After the verdict, the president Laurentino Cortizo announced that as soon as the official announcement of the verdict from the Supreme Court of Justice will be immediately published in the Official Gazette, the transition procedure for the orderly and safe closure of the mine will begin.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
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