More than six months after the Dutch elections took place, a long period of debates, negotiations and incertainty has finally come to an end. The new coalition of center-rightwing parties was sworn in last Thursday the 26th of October. Having Sigrid Kaag of the liberal-democratic party D66 as the new Minister for Foreign Trade and Development Cooperation in the third Rutte government (Rutte III), we can look forward to where the opportunities lie in the new coalition’s plans to make the world fairer and more sustainable. The Coalition Agreement, which tries to build a bridge between the political centre and the centre-right, is a smart piece of work in terms of reaching compromises. In the current international climate of societies progressively growing apart, that is a striking achievement.
The European Parliament in its plenary session on the 5th of April, adopted a proposal to regulate Export Credit Agencies (ECAs) that will force them to become more transparent on where their funds come from, and go to, as well as how they count social and environmental risks. Furthermore, the Parliament requires ECAs to comply with EU human rights objectives in their activities, and to phase out the subsidising of fossil fuel projects in line with commitments adopted by the G20 in 2009.
The Dutch Minister of Foreign Trade and Development regrets the fact that part of the Ngäbe-Buglé tribe is unhappy with the construction of the Barro Blanco dam in the river Tabasara in Panama. Ploumen said this in reply to parliamentary questions filed by Jasper van Dijk (SP). The Netherlands is involved in the construction of this controversial dam because of the loan provided by the Dutch development bank FMO. The minister does not have the intention of forcing the FMO to withdraw the loan, even though the basic human right of "free, prior and informed consent’ has been violated. A part of the Ngäbe tribe has not been informed before the plans were carried out. Anouk Franck of Both ENDS looks at the impact of the FMO loans.