Tagged: El Salvador
The most significant story in Central America right now is also the most underreported.
U.S. trade partners have to worry that if they pursue responsible stewardship, they could get rewarded with a big fat corporate lawsuit.
A protest at the World Bank supported El Salvador's attempts to say no to gold mining and yes to democracy.
On December 15, 2011, a number of civil society groups came together to oppose the World Bank tribunal that is deciding the case Pacific Rim v. El Salvador, a case that may set a precedent for future tribunals and chart a devastating course for El Salvador.
A foreign gold mining company is suing El Salvador.
Over 100 people protested today at the World Bank building, as a tribunal housed inside the building decided the fate of El Salvador under the provisions of CAFTA.
Undemocratic provisions in treaties enable corporations to sue governments in international tribunals over environmental, health, and other measures foreign countries take to protect the public.
On Thursday, Institute for Policy Studies Director John Cavanagh will join labor unions, local Salvadorans, and others to call for justice for El Salvador and fair U.S. trade policy at a rally in front of the World Bank building.
Pacific Rim is suing El Salvador for up to hundreds of millions of dollars under the U.S.-Central America Free Trade Agreement for not approving a mining license. Since Canada isn't part of this agreement, Pacific Rim opened a subsidiary in Reno, Nevada.
Controversial CAFTA case is 1 of 43 pending “investor-state” lawsuits related to oil, mining, and gas, new report reveals.