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Nov 1, 2008

Liberia and the United States to reduce the Firestone rubber plantation contract

Liberia government has signed agreements with the United States, the United States will be in the Firestone rubber plantation operation to shorten the period of 50 years.

Under the new contract, the Firestone rubber plantation by the Americans to operate in 2041, not 2005 contract provided for in 2091. Business end of the course, the United States this film will be 400,000 ha of rubber plantations to the Government of Liberia.

Firestone rubber plantation in Liberia is the largest rubber plantation. It has gone through two civil wars in Liberia has been in operation for 80 years, is the country's largest private enterprise. 2006 President-elect Ellen Johnson - Sirleaf took office, started the protection of national resources, and to seek to amend the former government signed with foreign companies involved in diamonds, forests and other countries important resources of the contract.

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