On January 26, 2021 Bankwatch Network published an article about EBRDs plans to approve a loan of USD 70 million to Indorama Agro for the development of the cotton farming sector in Uzbekistan. Uzbek Forum found that land was transferred to the company with no regard for the long-term leases that farmers had with local administrations and without any compensation from the state for the unilateral termination of their land leases.
Read the full article here.
