CEE Bankwatch Network: Rushing into gold can leave people behind, EBRD

A look at mining projects in Kyrgyzstan and Mongolia reveal a need to carefully revise the European Bank for Reconstruction and Development’s involvement in the exploitation of natural resources. To say the mining sector policy of the European Bank for Reconstruction and Development decides over the fate of people in Central Asia and central and eastern Europe would probably be exaggerated and certainly too simplistic. But the bank has been encouraging numerous mining projects in the region over the past two decades and it is no secret that the exploitation of natural resources, especially in emerging and developing nations and especially by western companies, is a controversial topic. To read the full article, click hereRushing into gold can leave people behind, EBRD

This entry was posted in Mongolia News. Bookmark the permalink.

Comments are closed.