WASHINGTON, D.C. – Rich Nolan, President and CEO of the National Mining Association (NMA), today applauded the long-awaited approval of the U.S.-Chilean Tax Treaty. The treaty, first signed in February 2010, has been pending ever since.
“Our industry has eagerly awaited today’s action for well more than a decade, with U.S. companies that invest in Chile hanging in the balance in the interim. We applaud this action by the Senate which brings this long period of uncertainty to an end and protects U.S. investments in Chile, a key mining jurisdiction, where U.S. companies both mine the minerals that are key to our energy future and sell equipment and services to mining interests that operate in Chile.”
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