Emad Mekay
Inter Press Service English News Wire
12-06-2005
WASHINGTON, Dec. 5, 2005 (IPS/GIN) -- The World Bank said Monday
that it is considering retaliatory measures against the government
of Chad if the Central African nation changes a legal agreement
directing much of its oil wealth to the fight against poverty.
Chad, one of the world's poorest nations, says it plans to amend
an agreement to control oil revenues from the high-profile
Chad-Cameroon oil pipeline and take greater profits from the
pipeline to meet budgetary demands.
The move ignited an international outcry and was described by
watchdog groups and international civil society organizations as
an attempt to gut the law and ...