Heavy Mittal? A State within a State: The inequitable Mineral Development Agreement between the Government of Liberia and Mittal Steel Holdings NV

Year: 
2006
Summary: 

This Global Witness report highlights the unbalanced nature of the MDA between Mittal Steel and the Government of Liberia. It is also a case study of a well-established pattern of behaviour by transnational corporations (TNCs) around the world: to maximise profit by taking advantage of a regulatory void, which allows TNCs to structure their trade and investment policies through capital flight and aggressive tax avoidance or tax reduction strategies.

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