ARCHIVE 095      
       
21.12.02      
Nestlé offers Ethiopia refund deal

Nestlé bietet Äthiopien Bussgeld-Deal an
 


The Swiss-based food giant, Nestle, has defended its demand for $6m in compensation from famine-stricken Ethiopia. The dispute with the Ethiopian Government centres on a livestock firm that was owned by Germany's Schweisfurth Group, a Nestle subsidiary, before being nationalised by the former communist regime in 1975.



Nestle, the world's largest coffee company, was forced into a humiliating climbdown yesterday after a wave of public outrage greeted its demand for a $6m (£3.7m) payment from the government of famine stricken Ethiopia. The company promised to invest any money it receives from Ethiopia back in the country after receiving thousands of emails of protest in response to the story in yesterday's Guardian.
 





Die britische Entwicklungsorganisation Oxfam hat den Lebensmittelkonzern Nestlé wegen seiner Millionenforderung an Äthiopien kritisiert. Nestlé verlangt von Äthiopien eine Entschädigung von 5,8 Millionen Dollar, weil die frühere Militärregierung 1975 eines seiner Unternehmen verstaatlichte. Oxfam verlangt die Rücknahme der Forderung. Der Konzern solle vielmehr darüber nachdenken, wie das Geld zur Hilfe für die 11 Millionen hungernden Äthiopier eingesetzt werden könne. Die äthiopische Regierung soll sich nach Oxfam-Angaben inzwischen bereit erklärt haben, 1,5 Millionen Dollar an Nestlé zu zahlen.





Ethiopia, heavily reliant on the coffee industry, has been hit by the coffee crisis that resulted in a drastic fall in revenue both for poor farmers and the country as a whole. The slump in coffee prices is compounding Ethiopia’s grave food crisis as coffee areas are hit by hunger for the first time – 11 million people are facing hunger in 2003.
     


Nestlé Compensation Claim Against Ethiopia Proceeds to be Invested Locally - Statement from Nestlé
  "In the interest of the continued flow of foreign direct investment, which is critical for developing countries, it is highly desirable that conflicts are resolved according to international law and in a spirit of fairness. A solution in this case will constitute an important step in re-establishing the confidence of potential foreign investors, which is clearly in the interest of the Ethiopian population and the country's economic development. Nestlé will therefore continue to cooperate with the World Bank and with the Ethiopian authorities in order to come to a solution. Furthermore, Nestlé commits itself to invest the proceeds of the compensation negotiation in a long-term, viable investment in Ethiopia which will contribute to the economic development of the country."