On 28 March 2023, the Mexican President introduced a bill to Congress, containing a decree that amends, adds and repeals various provisions of the Mining Law, the National Water Law, the Ecological Balance and Environmental Protection Law, and the General Law for the Prevention and Integral Management of Waste, in relation to mining and water concessions.
Mining is a priority activity for a country’s economic growth, as it provides the minerals and raw materials needed for different industrial sectors. If approved as proposed, this initiative would hamper the development of the sector by restricting the exploration, exploitation and processing of these minerals.
Author
Juan Carlos (Juan) Guerra-Gascon
BrowsingJuan Carlos Guerra joined the Firm in 2007, and mainly developed his practice in real estate, infrastructure and project finance transactions, including various developments of an industrial, tourist and residential nature, as well as public works tenders, trusts, construction and mining consulting. Likewise, he offers advice on matters of foreign investment, financial and credit operations, constitution and structuring of insurance companies, as well as consulting clients on the fulfillment of obligations for Mexican companies. Juan Carlos has also worked and supported various foreign technology companies (soft-tech and fintech) in establishing their operations in Mexico.
Juan Carlos is an expert translator from English to Spanish and vice versa, authorized by the Supreme Court for the State of Jalisco.