Liberia: Timber Union Rejects $150 Million Deal

Oct 14, 2014 | Winston W. Parley, AllAfrica
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The Liberia Timber Union Association or LTA has strongly rejected a US$150m forest deal recently signed between Liberia and Norway, demanding a public debate on the letter of intent.

The LTA's President Rudolph Merab, told reporters at the Mamba Point Hotel in Monrovia Monday that they will not accept a repeat of the 2006 scenario where all concession agreements were illegally cancelled by an Executive Order.

He claimed that "rich and industrialized" nations which are the greatest producers of greenhouse gas emission are throwing out inadequate moneys to small and poor countries like Liberia, while pressuring them to preserve their forests.