CEE BankWatch International Network has launched a special web site dedicated to the latest developments around Amulsar Gold-bearing Quartzite mining process in Armenia.
The page features financial contributions from the European Bank for Reconstruction and Development and the International Finance Corporation into the Amulsar project, Project Risks, videos about events in Armenia around the Project.
The CEE BankWatch network sees the situation around Amulsar as a test for newly established Armenian democracy.
"The wave of protests and activism that brought Nikol Pashinyan to power is now pressuring him to take action against the country's largest international investor in Amulsar," the page says.
CEE BankWatch is an international network of 16 member organizations from 14 countries in Central and Eastern Europe, Caucasus, Russia.
CEE BankWatch identifies the adverse environmental and social impacts of the activities of international financial institutions, develops alternative solutions and ensures society’s engagement.
15:43 August 16, 2019