Exploiting the rainforest of the Amazon headwaters in Peru
being a part-time resident of argentina, and after my various posts on la oroya, peru (here and here), and the more recent one on gold mining in honduras, i am feeling particularly sensitive to the exploitation of resources in latin america by u.s. companies...
The Peru Trade Agreement: Exploiting the Rainforest and Workers
Democratic leaders are threatening to try to pass a trade agreement with Peru that would give U.S. oil companies powerful new rights to exploit Peru’s Amazonian rainforest. It would also give Citibank the right to sue Peru if the country reverses the failed privatization of its Social Security system. No U.S. union or environmental, faith or development group supports the agreement. Peruvian indigenous leaders are calling for its rejection.
This agreement was negotiated by the Bush administration on the same principles as NAFTA. Some Democrats claim to have added labor and environmental standards, but these do nothing to fix many of the worst effects of the agreement.
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