In a decisive move, Suriname’s President has intervened to halt ongoing discussions regarding the export of bauxite from West Suriname, emphasizing that no agreements or negotiations have been conducted on behalf of the government. This development comes amidst a backdrop of historical controversies surrounding bauxite deals, including past attempts by former ministers to renegotiate terms with foreign entities at the eleventh hour. The President’s firm stance has been echoed by the Vice President, who assured that all potential investors are being kept informed and that any processing of bauxite must occur domestically, with due consideration for indigenous interests. However, the President’s recent public statements have caused confusion among some, particularly following the visit of a Chinese mining company’s CEO to Suriname. The President also addressed broader issues of land allocation, declaring that all land grants since 2018 are illegal and that a thorough review will be conducted to legitimize rightful allocations. This process is expected to be a monumental task, potentially involving hundreds of legal cases and significant financial implications for the state. The President’s proactive measures aim to rectify past irregularities and ensure that Suriname’s natural resources are managed in the best interest of its citizens.
