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.
The story of a community’s effort to ban gold mining in El Salvador involves environmental martyrs, powerful economic interests, and a DC-based tribunal that can trump democracy.
What might have been a high-profile trip heralding a new U.S. partnership with Latin America based on equity and mutual interests turned out to confirm the same old top-down approach to north-south relations.
If Robert Gibbs can’t answer the simple question — where’s our money — voters will do what they usually do in elections and let their pocketbooks determine their choices.