Source: People's Daily

The World Bank has urged the Zambian government to re-negotiate the mining development agreements for the country to benefit more from its mineral resources.

World Bank senior advisor on anti-corruption Eva Jolly said here Wednesday it was time for Zambia to re-look at the mining agreements for the country to accrue more revenue and for mining firms to demonstrate social responsibility.

Speaking at the African Parliamentarian Network Against Corruption (APNAC) Zambia Chapter workshop, Jolly said some of the mining development agreements entered into by the Zambian government and some mining companies have impacted negatively on the development of the country.

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Posted by pichu at March 29, 2007 3:44 PM