Tuesday, December 12, 2006

Steel Deal Renegotiated

The original deal had been criticised by lobby group Global Witness, which said it allowed Mittal [Steel] to opt out of human rights and environmental laws.

Total investment has now been increased to $1bn and the government retains ownership of the port and railway but other details are unclear.

Congratulations to Global Witness on this apparent victory.


2 Comments:

Anonymous Anonymous said...

Shouldn't you congratulate the Liberian government that renegotiated the deal? After all, the president promised to do it.

1:54 PM  
Anonymous Anonymous said...

The Liberian Government was in the the final stage of discussion with the iron ore giant when Global Witness made their analysis. I support the writer that is suggesting that the President be congratulated.

2:19 PM  

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