The complaints submitted to the ICC and ICSID underscore the extensive corruption challenges that mining companies and other entities frequently encounter when dealing with the Democratic Republic of the Congo (DRC).
While it is widely understood from intuition and experience, the process of prosecution within the International Community serves to authenticate and document all proceedings. Similar to the CCP, adverse findings are met with resistance. A pertinent instance is Australia's formal grievances against China lodged with the WTO concerning illicit tariffs. Both parties are well aware that the primary aim of these tariffs was to inflict substantial harm on the Australian economy. China is actively pursuing avenues for resolution before any formal WTO ruling is issued in my opinion so that there are no adverse findings.
Consequently, the initiatives by the ICC and ICSID hold significant value as they are anticipated to accelerate the processing of the Mining License.
I hold great admiration for the resilience and discretion exhibited by the AVZ Board in their approach. Their cautious strategy in handling sensitive information is commendable. While certain parties may prefer the Board to adopt a more informal approach akin to a chat forum when making announcements on the ASX, it is reassuring that they have maintained a professional stance.
While it is widely understood from intuition and experience, the process of prosecution within the International Community serves to authenticate and document all proceedings. Similar to the CCP, adverse findings are met with resistance. A pertinent instance is Australia's formal grievances against China lodged with the WTO concerning illicit tariffs. Both parties are well aware that the primary aim of these tariffs was to inflict substantial harm on the Australian economy. China is actively pursuing avenues for resolution before any formal WTO ruling is issued in my opinion so that there are no adverse findings.
Consequently, the initiatives by the ICC and ICSID hold significant value as they are anticipated to accelerate the processing of the Mining License.
I hold great admiration for the resilience and discretion exhibited by the AVZ Board in their approach. Their cautious strategy in handling sensitive information is commendable. While certain parties may prefer the Board to adopt a more informal approach akin to a chat forum when making announcements on the ASX, it is reassuring that they have maintained a professional stance.