Whats the origin of the protests in the Amazon Region?
Tribes in the Amazon region have protested since April against new laws that encourage foreign companies to invest in the rain forest. The protests were focused on state-owned Petroperu to invest more money in the Amazon region where development has lagged. Some of the laws that have upset indigenous groups were passed last year as President Garcia moved to bring Peru’s regulatory framework into compliance with a free-trade agreement with the United States. It appears that the incidents in the Amazon region were focused against the Government owned Petroperu and not a protest against the development of the region. However, Peru’s Congress voted Wednesday, June 10th to suspend this law that was created and negotiations are now under way.
