The House of Representatives has written President George Weah on the review of several concessions in reshaping the country’s economy with investors in the areas of minerals including iron ore, gold, diamond, timber among others.
The communication states that some of those agreements, protocols, conventions, and treaties that involve bilateral and multilateral partners with the state need to be reviewed to match the changing times considering the best interest of the people.
It said consistent with the spirit of coordination for sustainable socio-economic development of the Liberians and government, the leadership of the House of Representatives further directs to the President for his timely consideration in reviewing those concession agreements; especially those that have exceeded the review period.
Some of the agreements to be reviewed will include the APM Terminal (APMT), Global Logistics Services (GLS), Nimba Rubber Corporation (NRC), Cavalla Rubber Corporation (CRC), Liberia Agricultural Company (LAC), Firestone Rubber Plantation (FRP), Equatorial Palm Oil (EPO), Golden Veroleum (GVL), Maryland Oil Palm Plantation (MOPP), among others.
It added that the legislature being the fulcrum of the Liberian democracy has pledged its commitment to working with other branches of government in the interest of the State.
The lower house however noted that the constitution provides for the coexistence of three branches of government and further dictates, that they should be distinct, but coordinate.
It also rated the legislature as the first, followed by the executive and the judiciary. It stated that consistent with the spirit of coordination for sustainable socio-economic development of the Liberian people and government, the leadership of the House of Representatives further directs to the President for his timely consideration in reviewing those concession agreements; especially those that have exceeded the review period.
