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.
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.
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.
Five years after the entry into force of CAFTA-DR, several international bodies declared this trade treaty made little or no contribution to El Salvadoran economy.
The government of El Salvador aims to concrete in 2011 trade agreements with Canada, Cuba, Mexico, Peru, the European Union (EU) and the countries of the Pacific Rim.
In a decision with implications for the national sovereignty of member states under US trade pacts, a World Bank tribunal has approved a Canadian mining company’s controversial lawsuit against the government of El Salvador.
The recent turmoil over the efforts of Pacific Rim, a Canadian corporation, to carry out a gold-mining project in El Salvador is a catalyst for reviving the deep-seated divisions that go back to the Central American country’s bloody civil war from 1980 to 1992.
The negotiation process will begin in May and will be between Peru and Central America, such the one with the European Union
For the second time in a week, a prominent anti-mining activist has been assassinated in El Salvador.
A Canadian mining company intends to sue El Salvador’s government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.
A Canadian mining company and its American subsidiary have threatened the government of El Salvador with a lawsuit after it failed to receive regulatory approval to begin digging for gold and silver in an area some 65 km from San Salvador. The proposed mine has drawn intense opposition from civil society and church-based groups, although the mining company maintains that it enjoys broad public support in El Salvador.
Having just spent time south of the border in a poor country whose major export is people, I’ve seen firsthand what’s driving people north - and why conventional political solutions aren’t going to deter desperate Salvadorans from coming to the U.S. Largely missing from this year’s campaign is any serious reappraisal of our foreign, military, and trade policies that have forced millions Latin Americans to uproot themselves and seek opportunities for a better life far from home.
The free trade agreement (FTA) between Taiwan and El Salvador is set to take effect tomorrow, Ministry of Economic Affairs officials said yesterday.
Critics of CAFTA say it was no coincidence that the anti-terrorism legislation was enacted six months after the trade agreement. Update on the case against the Suchitoto 13.
The Salvadoran government had proclaimed that from the moment of its entry into force, the free trade agreement with the United States would boost the local economy, creating thousands of jobs, so that even street vendors would be exporting their typical snacks. But nearly two years later, the economic paradise has yet to arrive.
Under the FTA, El Salvador could export up to 60,000 tonnes of sugar tariff-free to Taiwan each year
Colombia signed a free trade agreement Thursday with Guatemala, Honduras and El Salvador that could double exports to the Central American countries in five years.
El Salvador’s President Elias Antonio Saca will travel this coming week to Colombia to sign a Free Trade Agreement (FTA) between Colombia, El Salvador, Guatemala and Honduras
Taiwan, El Salvador and Honduras signed a trilateral free trade agreement in San Salvador May 7. Taiwan’s fourth such agreement with Central American countries, the FTA was expected to boost trade among the three countries, ROC Minister of Economic Affairs Chen Ruey-long said in a May 5 report by Taiwan’s Central News Agency.
Taiwan has signed a free trade agreement with El Salvador and Honduras to expand trade ties between the three countries, the Bureau of Foreign Trade said on Tuesday.