Honduras is embroiled in a legal battle over the $11 billion Próspera project with cryptocurrency ties. The country has rejected corporate tribunals and withdrawn from the International Centre for Settlement of Investment Disputes, sparking support from economists and experts.
Multinational corps use Investor-State Dispute Settlement provisions in an existing US trade agreement to intimidate Central American countries from strengthening health, environmental & worker protections. @RepLindaSanchez & I urged the Biden Admin to remove such provisions. https://t.co/VWG87h9EFG
In 2009, a Canadian gold mining company tried to sue El Salvador for “lost profits” under toxic ISDS provisions after community action forced a permit suspension. Now, Reps in Congress are calling on @POTUS to remove this provision from CAFTA! 📣 STOP CORPORATE EXTORTION! https://t.co/tADIf9z2vz
The Inter-American Court of Human Rights condemned Peru over one of the world's most polluted towns, an Andean city which is home to a heavy metal smelter that has poisoned residents and the environment for almost a century https://t.co/Vzfaf4vt4P