Income From Waste Dumping
In the 1980s Guinea-Bissau was part of a trend in the African continent toward the dumping of waste as a source of income. Plans to import toxic waste from Europe were cancelled after an international campaign to halt the trade. The government was offered a contract to dispose of 15 million tons of toxic wastes over a 15-year period. The income from it was equivalent to twice the value of its external debt. After strong pressure from other African countries and environmental groups the Guinea-Bissau government renounced the deal.
Read more about this topic: Economy Of Guinea-Bissau
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