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Free AccessPolls: Voters Still Against New Constitution As Review Phase Nears End
Latest opinion polling from Chile shows voters still opposed to the proposed new constitution, although by a narrower margin than in previous surveys. The poll comes as the three finalising commissions (one for consolidating and fine-tuning of text, another to write the introductory text, and a third to create a plan for transition from old constitution to new) are set to conclude their work on 4 July, when they will deliver a new draft charter to the Constitutional Convention.
- Activa/Pulso Ciudadano poll: "With the information you have at this time, would you vote to Approve or Reject the proposed new Constitution?": Approve: 41.5% (+2.8), Reject: 58.5% (-2.8). (+/- vs. 23-27 May). Fieldwork: 6-10 June 2022. Sample size: 1,247
- The final, mandatory referendum on the constitution due on 4 September. Should the referendum fail it will be a major blow to leftist President Gabriel Boric, who has placed significant political capital on the passage of a maximalist, progressive constitution to replace the Pinochet-era Magna Carta.
- The main focus of the new constitution is on the enshrining of rights to minority groups and women, but also it contains provisions that could impact economic and market operations. The presidential term is kept at four years, but incumbents can run for one more second term (at present they can only serve up to two non-consecutive terms). The Senate would be replaced with a Chamber of Regions.
- Regarding mining operations, the Americas Society/Council of the Americas writes that under the new constitution while the gov't would not be given mining rights over lithium, hydrocarbons and rare earth metals, nor majority ownership of Chile's copper mines, "mining will be subject to new regulation and environmental oversight."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.