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Article

30 May 2007

Author:
Rights & Democracy

Human rights must guide foreign investment - Three-year study finds foreign investment too often fails human rights in developing countries

Concern for human rights must be at the heart of any foreign investment project, says a new report by Rights & Democracy. The report documents the effect of five such projects – three of which are Canadian – on communities in Africa, South America and Asia. [The report]...also introduces an assessment methodology designed specifically for use by communities affected by foreign investment... The five case studies presented in the report are: mining operations in Mindanao, Philippines (TVI Pacific, Canada); communications technology on the Gormo-Lhasa railway, Tibet (Nortel, Canada); mineral refining in the Katanga region, Democratic Republic of Congo (SOMIKA, Canada-DRC); water privatization in Buenos Aires, Argentina (Aguas Argentina); mineral refining in La Oroya, Peru (Doe Run Resources, USA [part of Renco]).

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