RESOURCES NEWSLETTER EDICIÓN 25 JULIO 2013 | Page 9

Resources Newsletter
Resources Newsletter
Página 9
Government defends sustainable development
Uruguay ' s government defended environmentally sustainable mining development. " We have significant mineral deposits and, in turn, the technology itself has generated mineral extraction has an economic return. What you should do is to understand what is the best way to develop a responsible manner, " said Secretary of the Presidency pro, Diego Canepa.
He also stressed that the government considers on mining of large size, requires knowledge of countries that have experience, like Norway, Chile, Argentina, Australia and the United States and added that the government is bound to work to find better instruments and policies public and implement a " responsible mining " with industrial development.
" We have no way to exploit intelligently, sustainably and sustainable over time, the resources available to improve the lives of citizens from both environmentally and economically. It is for us to create the conditions to make the best decisions something that we can not give such as the development of Uruguay, " he said.
_____________________________________________________

VENEZUELA

Asamblea respaldó acuerdos con China en hidrocarburos y minería
La Asamblea Nacional de Venezuela sancionó una Ley Aprobatoria del Acuerdo de Cooperación en Materia de Hidrocarburos, Petroquímica y Minería con China, que respalda diversos acuerdos suscritos en mayo pasado entre ambos países para cooperación en esas materias.
El Acuerdo abarca las áreas de hidrocarburos, petroquímica minería, y pretende desarrollar proyectos conjuntos en toda la cadena de valor de estas áreas.
En mayo ambos países suscribieron cuatro acuerdos que incluyeron un contrato entre el Banco de Exportaciones e Importaciones de China y Pdvsa para definir el financiamiento de un Terminal Marítimo para la Planta de amoníaco y urea de Pequiven en Morón.
____________________________________________________
Assembly endorsed agreements with China in hydrocarbons and mining
Venezuela ' s National Assembly passed a law approving the
Foto: minci. gov. ve Agreement of Cooperation in Oil, Petrochemical and Mining with China, which supports various agreements signed last May between the two countries for cooperation in these areas.
The agreement covers the areas of hydrocarbons, mining, petrochemical, and aims to develop joint projects in the entire value chain of these areas.
In May the two countries signed four agreements including a contract between the Export-Import Bank of China and PDVSA to define the financing of a marine terminal for ammonia and urea plant in Morón Pequiven.