Latin America

Judi Lynn

(160,516 posts) Tue May 19, 2015, 04:37 PM May 2015

How can a Canadian Mining company sue El Salvador for $301 million dollars?

How can a Canadian Mining company sue El Salvador for $301 million dollars?
By Ella Bedard | May 19, 2015

Friday morning, a delegation of anti-mining activists in Kangaroo costumes made a visit to the OceanaGold headquarters in Toronto. The Kangaroos were be accompanied by a delegation from El Salvador, visiting as part of the Stop the Suits Tour, organized with MiningWatch Canada. They delivered a petition with over 175,000 signatures, asking mining company OceanaGold to drop its $301 million dollar lawsuit against El Salvador.

That’s the amount the Canadian-Australian mining company is suing for. It wants El Salvador to pay for blocking the El Dorado gold mining project.

Speaking at the 25One Community offices in Ottawa as part of the delegation, Deputy Attorney of the Environment for El Salvador’s Human Rights Prosecutor’s Office Yanira Cortez, painted a stark picture of the country’s environmental conditions.

Whereas Guatemala has 40 per cent forest cover, El Salvador has only 13 per cent, two per cent of which is indigenous forest growth. According to Cortez, the country is entering into a period of severe water stress, with more than 90 per cent of surface waters contaminated.

More:
http://rabble.ca/news/2015/05/how-can-canadian-mining-company-sue-el-salvador-301-million-dollars?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rabble-news+%28rabble.ca+-+News+for+the+rest+of+us%29

7 replies

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Highlight:

How can a Canadian Mining company sue El Salvador for $301 million dollars? (Original Post) Judi Lynn May 2015 OP

Abrogation of national laws via trade agreements is the next big corporate thing Warpy May 2015 #1

+1 You nailed it. Enthusiast May 2015 #4

By using laws that would be on steroids if TPP is passed? just guessing randys1 May 2015 #2

My suspicions as well. Dark n Stormy Knight May 2015 #3

These corporate criminals must be stopped before they destroy our entire earth and they're Dont call me Shirley May 2015 #5

Thanks for posting Judi Omaha Steve May 2015 #6

Thanks for posting, Judi NBachers May 2015 #7

Warpy

(111,245 posts)

1. Abrogation of national laws via trade agreements is the next big corporate thing

Reply to Judi Lynn (Original post)

Tue May 19, 2015, 04:40 PM

May 2015

now that workers have been beggared and made irrelevant.

It's what the TPP is all about. That's why they won't allow anyone to read the damned thing.