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WTO Urged Not to Treat Water Like Widgets

2013-12-04 01:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: As government representatives gather Tuesday in Indonesia for what could be final negotiations towards a global trade agreement under the World Trade Organisation (WTO), environmentalists and social justice campaigners are urging them to specify that water resources cannot be treated as commodities. Critics of the privatisation and "financialisation" of natural resources are pointing to mounting interest by multinational investors in viewing common water resources as tradable, a change that development...

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