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It’s not too late for Mittal Steel and Liberian steel company to agree on deal
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Mr. Aditya Mittal,
President and CFO
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The London based International NGO, Global Witness, has said that it is not too late for the Government of Liberia and Mittal Steel to reach an agreement for the operation of the company in the country.
In its conclusion stage of the latest report released on the agreement between the GOL and Mittal Steel, Global Witness said Liberia has rich natural resources, which could be the passport to allow the country to cement its peace and work on the monumental task of reconstruction.
Global Witness said it is crucial that investors be welcomed into Liberia, but cautioned that these investors should strive for truly symbiotic partnerships. |
According to Global Witness it is a shame that Mittal Steel, possibly the largest potential investor that Liberia will see, did not choose this route, but said that it is not too late.
Global Witness mentioned in its report that if the company chooses to amend the agreement previously recommended in its report, the company could fulfil its ambition to become the world's most admired steel institution, demonstrating excellence across every aspect of business operation and become a responsible corporate citizen and an equitable partner for Liberia.
With specific reference to the agreement issue, Global Witness recommended that Mittal Steel review the current policies of the agreement in order to adopt and implement clearer policy on human rights and environment across the Mittal Group operations that would reflect international human rights standards, including the Universal Declaration of Human Rights.
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