The article discusses the legal battle between U.S. investors and Honduras over the country's special economic zones (ZEDEs). These zones, allowing private corporations extensive autonomy, have faced criticism for lack of transparency and potential human rights threats. Honduran President Xiomara Castro aims to eliminate ZEDEs, a move opposed by the U.S. ambassador. A U.S. company operating a ZEDE is suing Honduras in an investor-state dispute settlement court, leveraging investment provisions under the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR). The dispute raises concerns about the potential bankruptcy of Honduras, highlighting the complex challenges facing Castro's administration.
- Home
- About Us
- Issues
- Countries
- Rapid Response Network
- Young Adults
- Get Involved
- Calendar
- Donate
- Blog