Argentina and Canada in talks to modernize 1992 agreement to attract mining investment
Canadian Ambassador to Argentina Stewart Wheeler confirmed that both countries are interested in revamping an agreement originally signed in 1992 to boost mining investment. The talks are part of Argentina's broader push to attract foreign capital into its mining sector.
Canada's ambassador to Argentina, Stewart Wheeler, said the two countries have opened talks to modernize a bilateral investment agreement originally signed in 1992. Wheeler said both governments are eager to deepen cooperation in the mining sector.
The push to update the agreement aligns with the Argentine government's recent efforts to attract foreign investors into the country's lithium and copper reserves. Canadian mining firms have long operated in the region.
Officials expect the talks to produce a concrete draft text in the coming months. The final agreement is expected to address investor protections as well as tax arrangements.
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