Torture At The Río Blanco Mine – A State-Corporate Crime? – Testimony Project
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The exploitation of mineral resources has long been one of the major economic activities undertaken in Peru. However, it was not until the early 1990s that the extractive industry boom began in earnest. Under President Alberto Fujimori (1990 – 2000) mineral extraction became a central component of the country’s development strategy. Fujimori sought to attract foreign investment by signing a series of ‘stability agreements’ with extractive firms, guaranteeing them highly favourable rates of tax for approximately 15 years. Further, he relaxed environmental regulation and altered