Blow to Investment: Possible Impact on the Mining Sector of Convening a Constitutional Referendum
Mining attorney Estefanny Pardo was interviewed by Portafolio regarding the potential impact that convening a constitutional referendum could have on investment in Colombia's mining and energy sector. The article explained that merely calling for such a referendum would increase legal uncertainty and slow new investments. Ms. Pardo noted that changing the constitutional framework governing natural resources would hinder the attraction of foreign capital.
"It will be very difficult for an investor to decide to invest in countries looking to completely reform their Constitution," she said.
READ: Blow to Investment: Possible Impact on the Mining Sector of Convening a Constitutional Referendum