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Government and Minera Panamá reach agreements on labor matters

Government and Minera Panamá reach agreements on labor matters

The National Government and Minera Panama have already reached agreements on environmental matters. The economic issue remains pending.
The National Government reported this Monday, September 27, that it has reached agreements on labor matters with the company Minera Panama, after 20 days of meetings.

In this negotiation phase, labor migration, knowledge transfer and training, freedom of association and administrative labor jurisdiction were addressed.

The labor relations of Minera Panamá will be governed by the norms of the Labor Code, the current labor legislation, and in a particular way by the text that the contract contains.

Doris Zapata, Minister of Labor and Labor Development, said that regarding the number of foreign workers, the contract with Minera Panama will be governed by what is described in the Labor Code, that is, 10% of foreign labor hiring or 15% in the case of specialized workers.

Zapata said that the company also agreed to finance professional and higher technical training for Panamanian workers through state agencies and universities.

The National Government and Minera Panama have already reached agreements on environmental matters.

The economic issue is pending in the negotiation. The Minister of Economy and Finance, Héctor Alexander announced that in this phase they seek to optimize the fiscal benefits that can be obtained from the mining operation.

The negotiation table between the National Government and Minera Panama, for a new contract for the extraction of metals in Donoso, was installed on September 1.
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