bilaterals.org logo
bilaterals.org logo

El Salvador


El Salvador, Water is more precious than gold
The International Trade Union Confederation calls on the government of El Salvador to denounce all treaties establishing ISDS proceedings.
Will El Salvador be forced to pay $301 million for valuing clean water over gold?
The Central American state of El Salvador could be forced to pay US$301 million in damages to an Australian-Canadian mining company, OceanaGold, after the company’s application for a mining license was rejected on the basis of the projected environmental damage it would cause.
El Salvador: Talks to enable FTA with Canada to be finalized
Rigoberto Monge, the economic advisor of the Salvadoran Industrial Association (ASI), reported that El Salvador and Canada are finalizing a free trade agreement.
Australian company sues El Salvador for its right to pillage
Australian-based company OceanaGold is suing El Salvador for US$301 million for its “right” to continue operating a gold mine that is destroying the Central American nation’s water supply.
The carrot, the stick, and the seeds: US development policy faces resistance in El Salvador
While the seeds dispute was an effective rallying point, social movements must confront the elephant in the room – CAFTA.
CAFTA investor rights undermining democracy and the environment: Pacific Rim mining case
Pacific Rim Mining Corp., a Canadian-based multinational firm, sought to establish a massive gold mine using water-intensive cyanide ore processing in the basin of El Salvador’s largest river, Rio Lempa.
Seeds of discord or seeds for development – which way for US policy with El Salvador?
The controversy over government procurement of seeds in El Salvador is a clear example of how US free trade agreements with developing countries can undermine national development goals, as Oxfam warned during the negotiation and debate over CAFTA, writes Stephanie Burgos.
Progress made on El Salvador deal
Washington and El Salvador moved closer to agreement on a $277 million U.S. aid package Tuesday after the Obama administration took steps to defuse a contentious trade dispute over a modest Salvadoran program to buy seeds for poor farmers.
US tying aid to agribusiness in El Salvador, groups warn
The US State Department stands accused of conditioning development aid to El Salvador to benefit and boost foreign agribusiness in the Central American nation.
World Bank tribunal threatens El Salvador’s development
Last week more than 300 international and national civil society organizations wrote to the president of the World Bank, Jim Yong Kim, during its biannual meeting in Washington, denouncing the bank’s involvement in the case of Pac Rim Cayman LLC v. El Salvador.
El Salvador groups accuse Pacific Rim of ’assault on democratic governance’
A multinational mining company has been accused of launching "a direct assault on democratic governance" by suing El Salvador for more than US$300m (£179m) in compensation, after the tiny Central American country refused to allow it to dig for gold amid growing opposition to the exploitation of its mineral wealth.
The global fight against corporate rule
Activists are challenging rules that grant corporations the right to sue governments.
Peru starts talks on FTA with Russia, Turkey, Israel
Peru’s Minister of Foreign Trade and Tourism, Magali Silva, said that Peru has started the first talks toward an eventual free trade agreement between Russia, Kazakhstan, Belarus, India, Indonesia, Turkey and Israel.
Association Agreement between EU and Central America enters into effect after ratification by El Salvador
With the recent ratification by the Salvadorean members of the House of Representatives, the Association Agreement between Central America and the European Union (EU) will enter into effect on August 1st. The agreement has been strongly rejected by social organizations.
Canadian miner’s complaint can proceed under El Salvador law
Canadian company Pacific Rim can move forward under El Salvador law with a case against that country’s government for blocking a gold mining project, but cannot file suit under a regional trade agreement, a World Bank arbitration panel ruled.
Labor, environmental activists to protest World Bank’s CAFTA tribunal
Tomorrow, the AFL-CIO will join the Institute for Policy Studies (IPS) and activists from a range of labor and environmental groups to converge on the World Bank headquarters in Washington, D.C., for a noon protest in opposition to a CAFTA case being brought against the Salvadoran government by Pacific Rim.
Mexico, Central America Sign Free Trade Agreement
The governments of Mexico and five Central American countries signed in El Salvador a free trade agreement (FTA) that unifies the existing ties in one body.
First a gold rush, then the lawyers
Pacific Rim is suing the Salvadoran government in an international investment court, one of scores of cases in recent years in which frustrated oil, gas and mining investors, using provisions of trade agreements, have sought to recoup losses from mostly developing countries.
Central American integration —and militarization
Representatives of the governments of Mexico and the Central American countries wrapped up a fifth round of talks on a regional free trade agreement last week. The negotiations took place in Mexico City, with the next round of talks to be held in August in El Salvador.
Obama’s final stopover: Ignoring CAFTA protests
Local activists protesting Obama’s visit to El Salvador called for a renegotiation of CAFTA, an end to the US embargo against Cuba, a withdrawal of the US military from El Salvador, and a cessation of US support for the tainted Porfirio Lobos regime in neighboring Honduras.