Asian Peoples' Movement on Debt and Development

A regional alliance of peoples’ movements, community organizations, coalitions, NGOs and networks

 

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Free trade pacts, FDI opposed in retail, fisheries sectors

The National Fish Workers Forum has opposed free trade agreements and foreign direct investment in retail trade and the fisheries sector.

In a resolution adopted at its annual general body meeting held here from December 7 to 9, the forum demanded that fish workers be consulted before any trade agreement involving the fisheries sector was signed.

The meeting opposed the establishment of nuclear power plants, and expressed its solidarity with the people struggling against the setting up of such plants at Kudankulam and Jaitapur. It strongly opposed the establishment of thermal power plants with captive ports on the coast and the setting up of new private ports.

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Rich-Poor Rift Stalls World Bank's Anticipated Energy Lending Policy

The Tata Mundra project is a 4,000-megawatt coal power plant under construction in India. It is partly funded by the World Bank.

Ambitious efforts to reform the World Bank's energy lending policy — expected to be completed in mid-July — have stalled. The two main sticking points are centered on loans for coal-fired plants and the reporting of greenhouse gas emissions, observers say.

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