Finnvera to reappraise role in controversial pulp mill in Uruguay

(Finnish News Agency, Helsinki, 28 April 2006) Topi Vesteri, the vice chief executive of Finnvera, the Finnish export credit guarantee body, was quoted as saying in the Friday issue of business daily Kauppalehti that it would have to reappraise its role in the mill being built by pulp maker Metsä-Botnia in Uruguay. Argentinian human rights body CEDHA has filed an OECD Specific Instance Complaint against the Finnish company Botnia for violations of OECD Guidelines for Multinational Enterprises in Uruguayan Mills Project. Meanwhile Argentine NGOs and local government bodies are lobbying Spanish ECA CESCE to withdraw support for another mill in Uruguay following the freezing of World Bank support.