Hillman Contributes to Economic Negotiations in Liberia

Robert Hillman, Fair Business Practices Distinguished Professor of Law at UC Davis, was praised by the executive director of the International Senior Lawyers Project (ISLP) for his lead role in the review and negotiation of major concession agreements for the new government of Liberia. Hillman traveled to Liberia and met with President Ellen Johnson-Sirleaf and various ministers. As a result, a revised contract between Liberia and the world's largest steelmaker, Arcelor Mittal, was negotiated, which promises to pour more than $1billion in investment into the country. About 3,500 jobs will be created directly and up to 20,000 indirectly through the opening of new mines, railways, and ports needed to extract Liberia's iron ore.

Liberia President Ellen Johnson Sirleaf noted: "With this agreement, which is consistent with the principles that attract and sustain foreign investment in Liberia, it is clear to the international private sector that Liberia is open for business."

The Liberia Review of Contracts was a recent economic development project through the ISLP. The ISLP provides volunteer legal services by skilled and experienced attorneys to advance democracy and the rule of law, protect human rights, and promote equitable economic development worldwide.

Mail & Guardian Online/January 14, 2007

Arcelor Mittal Press Release/December 12, 2006

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