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Debate about natural resource provision

The government and the opposition debated about the natural resource provision in parliament on Friday, which the Independence Party and Progressive Party submitted as a bill and want to add it to the constitution.

The opposition did not want to put the provision, which is designed to secure national ownership of natural resources, on the agenda unless the parliamentary session would be prolonged. RÚV reports.

A change in constitution needs to be approved in two parliamentary sessions. If the new provision would be approved in this session, it could be rejected in summer, in case a new government would be elected in May.

Lawyers have criticized the provision for having little meaning, as a nation cannot own natural resources, and for this decision, about a change the constitution, being made in a rush.

Click here to read more about the natural resource provision.

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