Socio-Economic Agreement (Canada)
An agreement typically negotiated in the context of resource development between a company, various levels of government and the local community. It establishes a framework that promotes the efficient use of resources by Canada, the relevant province or territory, and the local residents. A socio-economic agreement recognises the potential impact of mining or exploration and seeks to promote the economic development and well-being of neighbouring communities.
BHP Billiton - Government of the Northwest Territories Socio-Economic Agreement1/10/1996
Diavik Diamonds Project Socio-Economic Monitoring Agreement 2/10/1999 
Snap Lake Diamond Project Socio-Economic Agreement 2004

Was this useful? Click here to fill in the ATNS survey