Pipeline project under fire

  • 08/03/1999

  • Financial Times (London)

Environmental groups are trying to delay a vote by the board of the US Overseas Private Investment Corporation to provide political risk insurance for a controversial pipeline project in Bolivia and Brazil. Amazon Watch, Friends of the Earth and the World Wildlife Fund are arguing that US law prohibits support for the pipeline because it affects a primary tropical forest and they are threatening to bring legal action if Opic approves the insurance.