Republican Party (Chile, 2019)

Chile Takes Further Steps Towards Constitutional Reform

Retrieved on: 
Friday, May 12, 2023
Lithium, 2023 Chilean Constitutional Council election, Worker representation on corporate boards of directors, Convention (meeting), Congress, Republican Party (Chile, 2019), Constitutional convention, Centrism, Woman, ASX, Constitutional Council, Republican Party, Chilean, Council

Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide an update on the recent vote in Chile over the weekend on the Chilean Constitution reform.

Key Points: 
  • Lithium Power International Limited (ASX: LPI) (“LPI” or the “Company”) is pleased to provide an update on the recent vote in Chile over the weekend on the Chilean Constitution reform.
  • Following Chile’s national plebiscite on 4 September 2022, when a proposed constitution drafted by the Constitutional Convention was rejected by a 62-38 margin, lawmakers announced a new agreement in December 2022.
  • The Republican Party, which is mostly comprised of conservative, right-wing members, has now become the leading political force in Chile.
  • It will eliminate uncertainties created by the previous constitutional process and provide confidence in the long term on Chile’s political stability and quality of its institutions.