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Petition to European Investment Community to disinvest from the South Korean steel giant POSCO

28 June 2012

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Mining Zone Peoples’ Solidarity Group

Faculty Petition to the European Investment Community

We write to ask you, the European investor, to disinvest from the South Korean steel giant POSCO – whether you hold this equity through pension funds, or through a private or public mutual fund, or directly. The immediate grounds for this request are the extensive human rights abuses and environmental destruction associated with POSCO’s attempts to build a giant steel plant in the state of Orissa, in eastern India.

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