The Mining Legislation Reform Initiative recently hired International Mining Tax Expert Matthew Genasci to conduct a thorough analysis of Armenia’s mining fiscal system.
One of the central goals of the Mining Legislation Reform Initiative (MLRI), a project of AUA Center for Responsible Mining, is to ensure mining in Armenia provides sufficient economic benefit to the country and local communities, outweighing the costs and burdens imposed by mining activity. Thus, it is essential that the financial mechanisms utilized by the government to receive revenues from mining companies allow for maximum economic benefit, both in the short and long term.
Mr. Genasci will provide legal and economic analysis of Armenia’s current mining fiscal structure, compare it to those utilized in other countries, regionally and internationally, and recommend legislative and policy changes to make Armenia’s mining fiscal system more robust, resilient and economically beneficial to the country.29 September, 2014
The Mining Legislation Reform Initiative (MLRI), a project of the American University of Armenia (AUA)’s Center for Responsible Mining, is a multi-year effort to ensure that mining in Armenia provides sufficient benefits to the country and local communities. The initiative involves drafting and passing legislation that elevates the socio-economic benefits of mining while reducing the negative environmental and public health impacts. The MLRI project is made possible by funding from the Tufenkian Foundation.
Mining Policy and Legislative Reform Manager
T: +374 98 03 44 86