FSII CAUTIONED RESOURCE OWNERS OF AGREEMENTS

Pressure group, the Forum Solomon Islands International has cautioned resource owners to fully understand the contents of any agreement before signing them. Photo: FSII face Book.

Pressure group, the Forum Solomon Islands International has cautioned resource owners to fully understand the contents of any agreement before signing them. Photo: FSII face Book.

Pressure group, the Forum Solomon Islands International has cautioned resource owners to fully understand the contents of any agreement before signing them.

The group’s President, Redley Raramo raised the concern as many resource owners in the country only have limited access to information about such agreements.

Mr. Raramo, in a statement said, this is important as most investors only invest to rip off resource owners at the expense of their resources.

He said resource owners need to pay attention to important clauses as returns are only one major part of such agreements.

The FSII President calls on both civil society and government stakeholders to educate resource owners to analyze such agreements before signing them.

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