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Showing posts with label financial and technical assistance agreement (FTAA). Show all posts
Showing posts with label financial and technical assistance agreement (FTAA). Show all posts

9. FTAA

Armstrong Corporation, a foreign corporation, intends to engage in the exploration of Philippine natural resources.

Mr. Antonio Reyes offered the forest land he owns to the president of the corporation. May Armstrong Corporation enter into a financial and technical assistance agreement (FTAA) with Mr. Reyes to explore, develop, and utilize the land? Explain. 5%