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Sunday, December 25, 2011

Sleeping Lions :International Treaties And Investors And Food, Land And Water

In 2009, Pacific Rim Mining Corp. filed a claim under the US-Central America Free Trade Agreement (CAFTA) through a subsidiary in Nevada (U.S.A.), demanding hundreds of millions in compensation from El Salvador. 63 The company claimed that it completed the legal requirements for the acquisition of an operating permit and considered the government’s rejection to be a violation of CAFTA’s provisions on national treatment, most favoured nation, fair and equitable treatment and ‘compensation in the case of expropriation’.
http://news.sudanvisiondaily.com/details.html?rsnpid=203825

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