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[casi] Stop the Corporate Invasion of Iraq: Organising Meeting Oct. 7th



STOP THE CORPORATE INVASION OF IRAQ
[A] Organising Meeting for protests outside the conferences 'Doing Business
in Iraq' (13th / 14th October) and 'Reconstructing Iraq' (27th / 28th
October)
[B] Background
[C] Free campaign postcards still available
****************************************
[A] Organising Meeting for protests outside the conferences 'Doing Business
in Iraq' (13th / 14th October) and 'Reconstructing Iraq' (27th / 28th
October)
WHERE: #5 Caledonian Road, London N1 (nearest tube King's Cross)
WHEN: 7pm, Tuesday October 7th

In April Naomi Klein wrote that in Iraq 'a people, starved and sickened by
sanctions, then pulverised by war, is going to emerge from this trauma to
find that their country had been sold out from under them. They will also
discover that their new-found "freedom" - for which so many of their loved
ones perished - comes pre-shackled by irreversible economic decisions that
were made in boardrooms while the bombs were still falling. They will then
be told to vote for their new leaders, and welcomed to the wonderful world
of democracy.'  Yesterday's announcement by the US Coalition Provisional
Authority (CPA) that it had passed a series of new laws on tax and foreign
investment - laws which, in the words of the Guardian, 'effectively put
[Iraq] up for sale' - have proven the prescience of this warning (see
'Background' below for more details).

October will see at least two major conferences in London aimed at
businesses who want to get a slice of the action in Iraq: 'Doing Business in
Iraq' (13th -14th October); and 'Reconstructing Iraq' (27th - 28th October).
IF YOU OR YOUR GROUP ARE INTERESTED IN HELPING TO ORGANISE PROTESTS
(INCLUDING STREET THEATRE) OUTSIDE THESE CONFERENCES PLEASE COME TO THIS
ORGANISING MEETING ON TUESDAY OCTOBER 7TH.

For more information contact Voices UK: voices@voicesuk.org, tel. 0207 837
0561, www.voicesuk.org

***************************************************
[B] BACKGROUND

The corporate invasion of Iraq gathered pace last weekend as the US
Coalition Provisional Authority (CPA) issued a series of new laws concerning
taxes, tariffs and foreign investment which, in the words of the Guardian,
'effectively put [Iraq] up for sale.'

NEW LAWS
The new laws allow foreign investors to control up to 100% of Iraqi
enterprises in every sector of the Iraqi economy except natural resources
(where foreign direct and indirect ownership remains prohibited for the
time-being) and banking. Foreign investors are now entitled to make their
investments 'on terms no less favorable than those applied to an Iraqi
investor' and to repatriate any profits 'without delay.'

In addition, according to the New York Times, 'the Central Bank of Iraq has
been made legally and operationally independent' and 'the law permits six
foreign banks to buy complete control of local banks within the next five
years, after which there will be no limits on foreign banks' entry into
Iraq.'

>From the beginning of next year corporate taxes will be capped at 15% and a
flat tariff of 5% will be placed on all imports except relief supplies.

'A RECIPE FOR A CAPITALIST IRAQ'
Reuters noted that the 'reforms . read like a recipe devised by Washington
for a capitalist Iraq' (21 September). In fact, they are: the US Agency for
International Development (USAID) drafted just such a blueprint prior to the
invasion.

Drafted in February, the confidential 100 page document 'Moving the Iraqi
economy from Recovery to Sustainable Growth' - leaked to the Wall Street
Journal - spells out 'sweeping plans to remake Iraq's economy . based on
free-market principles' (Wall Street Journal, May 1st 2003). These plans
include the 'mass privatisation of Iraqi industry' - including Iraq's oil
sector - and 'fundamental tax reform.'

'MUCH TO LOSE'
Similar 'economic restructuring' elsewhere has led to corruption, massive
job losses, and gaping inequality - and is likely to do so again in Iraq.

Interestingly, just three days before the new laws were announced the Boston
Globe reported that plans to 'aggressively sell and privatise many state-run
Iraqi businesses' had been put on hold and that 'US officials in charge of
Iraq .... fear that privatising industries would force the dismissal of
thousands of people in state-run companies with bloated payrolls,
exacerbating an unemployment rate estimated at 50 percent of working-age
Iraqis' (Boston Globe, 18th June 2003).

According to the Globe CPA Head Paul Bremer had 'acknowledged [that] the
planned privatisation of Iraq's state-run industries would be delayed
because the country was too unstable to absorb the shock of swift
deregulation.' Apparently his masters in Washington thought differently - or
just didn't care.

THE DEMOCRATIC DEFICIT
Bremer claims to have 'worked closely with the [Iraqi] Governing Council to
ensure that economic change occurs in a manner acceptable to the people of
Iraq' but the 25-member 'Governing Council' is a body selected by Mr Bremer
in consultation with a group of 7 Iraqis selected by Mr Bremer! They do not
'represent' the Iraqi people any more than Mr Bremer.

In fact neither the Council nor Mr Bremer has a mandate to determine what is
'acceptable to the people of Iraq.' As Greg Palast has observed 'If the
Iraqi people choose to have a market-driven economy, [if] they want to sell
off their oil industries, go right ahead. [But] I don't think that five guys
in the US State Department should be making that decision for them.'

BOMB BEFORE YOU BUY
Back in April Naomi Klein observed that in Iraq 'a people, starved and
sickened by sanctions, then pulverised by war, is going to emerge from this
trauma to find that their country had been sold out from under them. They
will also discover that their new-found "freedom" - for which so many of
their loved ones perished - comes pre-shackled by irreversible economic
decisions that were made in boardrooms while the bombs were still falling.
They will then be told to vote for their new leaders, and welcomed to the
wonderful world of democracy.'

This must not be allowed to happen.

***************************************
[C] Free Campaign Postcards still available.

Copies of voices' free campaign postcard 'Stop the Corporate Invasion of
Iraq' are still available (see text below).

The card is ideal for mailings or for use at local anti-war stalls / events
and can be viewed on-line at www.voicesuk.org.
COPIES OF THE POSTCARD (WHICH ARE FREE, THOUGH DONATIONS ARE ALWAYS WELCOME)
CAN BE OBTAINED BY CONTACTING THE VOICES OFFICE:
voices@viwuk.freeserve.co.uk or tel. 0207 837 0561. Please specify which -
and how many - cards you want.

POSTCARD TEXT
In February 2003 - before the invasion of Iraq had even begun - the US
Government 'drafted sweeping plans to remake Iraq's economy ... based on
free-market principles' (Wall Street Journal, 1st May). These plans include
'the mass privatisation of Iraqi industry' - including Iraq's oil sector -
and 'fundamental tax reform'. Similar 'economic restructuring' elsewhere has
led to corruption, massive job losses, poverty and gaping inequality.
US corporations such as Bechtel and Halliburton, with close links to the
Bush administration, have already been awarded lucrative contracts for
'postwar reconstruction' and stand to profit still further now that the US
and Britain control Iraq's oil revenues. The British Government are now
encouraging UK companies to take part.
According to a senior US adviser to the Iraqi Ministry of Industry and
Minerals, 'the privatisation of dozens of Iraqi companies is likely to begin
within the next year' (Financial Times, 8 June). Yet it is unclear whether
elections will even have taken place by then.

The future of Iraq's economy is a matter for the Iraqi people and not the US
and British governments or US/UK corporations. I demand that Iraq's people
be allowed to determine their own economic future - and to control their own
natural resources - free from foreign interference.





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