Wednesday, August 11, 2010

Why is Canada Blocking Congo Debt Forgiveness? Mining companies and Canada's “civilizing mission” http://www.dominionpaper.ca/articles/3573

The final G8 communiqué called on the DRC to “enhance governance and accountability in the extractive sector,” and “extend urgently the rule of law.” Just a few days later, on June 29th, Canada attempted to block a decision by the World Bank and International Monetary Fund (IMF) to cancel the overwhelming majority of the DRC's roughly $8-billion debt.

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