According to reliable information, High Power Exploration has given the Government of Liberia a three-month ultimatum to ratify an agreement masked in secrecy which they entered into months ago. The current legally binding agreement between the Government of Liberia and AML so far has a current lifespan of nine years, which provides AML with the exclusive rights over our rail. The third amendment to AML’s agreement amongst other things, calls for multi-user access of Liberia’s rail and port infrastructures. So, with this clause in AML’s agreement, pundits are saying it will now provide President Weah’s administration the leverage to ratify the AML agreement before that of HPX without violating the agreement signed between AML and his predecessor Ellen Johnson-Sirleaf. Let us not forget that it’s stated in the AML existing agreement that no other concession or part can use the rain without the consent and agreement of AML.


Source:   GNN Liberia
August 15, 2022 09:51 UTC