Hondurans Fight Private Cities Run by US Companies Amid Legal Battle

  • 📰 truthout
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Honduran communities resist privatization & foreign exploitation after President Castro repealed the law granting autonomy to private companies in Economic Development & Employment Zones.

For more, we’re going to Brussels, Belgium, to speak with Melinda St. Louis, director of Public Citizen’s Global Trade Watch. And in Honduras, we’re joined by Venessa Cárdenas, the leader of the community council of Crawfish Rock, the area directly impacted by the Próspera ZEDE on the island of Roatán.We’re going to begin in Honduras with Melissa — rather, with Venessa. Can you explain what’s taking place? For people to understand around the world, you’ve got U.S.

And so, through the democratic process, fortunately, they managed to overturn this corrupt law. The Xiomara Castro administration ran on a platform of repealing this law. And they did so. They made good on their promise. The National Assembly overturned or repealed the law. And that really should be the end of the story. It’s a victory for democracy in Honduras, after a very dark period of right-wing rule.

This community is a small community. It’s an ethnic community. And we, of course, have the rights to be free and previously consulted on any type of project that is being done in our community, and we have not been. So, you know, we have totally the stress of Próspera ZEDE, and the power that the treaties and the law gives them is of so much concern. We are so very concerned about that.You know, I was looking at the ads to attract businesses, and it talked about these ZEDEs.

I mean, there was — certainly, there are a number of members of the Próspera community who are very active in the cryptocurrency movement. They have made bitcoin legal tender. They have created an opportunity to become an e-resident.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 69. in BUSİNESS

Business Business Latest News, Business Business Headlines