Mr. Speaker, based on his speech, does the parliamentary secretary believe that the Special Economic Measures Act needs to be rewritten?
We know that SEMA is obsolete, that it does not address many of the needs of the 21st century in terms of ensuring that extractive industries working abroad are able to adhere to commonly agreed to norms and in terms of the social responsibility to which we know our private sector would like to adhere. The guidelines, to some degree are there but improvements need to be made and one important aspect on the punitive side is the utilization of a Special Economic Measures Act that works.
I would like to know whether his government will rewrite SEMA.