The House had earlier passed the Third Amended MDA, with its own set of recommendations, and forwarded the same to the Senate for concurrence. Key among the House’s recommendations was to strip from the AML revised MDA any exclusive right by the concessionaire to the Yekepa to Buchanan rail and port infrastructure. The Senate did concur with the Lower House’s recommendations, especially those regarding third party access to Liberia’s rail and port infrastructure. According to the Senate committee report, the agreement as structured does not give the kind of leverage that the government should have. We believe that it is incumbent on the administrative agencies to ensure that ArcelorMittal is not another LAMCO JV operating company.

Source: Daily Observer February 09, 2022 05:35 UTC