WASHINGTON, D.C., Oct 23 (IPS) -- The United States' bid to get international donors to bankroll the occupation and reconstruction of Iraq (news - web sites) might be derailed by Washington's own alliance with corporations and its continuing unilateralist foreign policy.
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Various advocacy groups and foreign officials oppose policies that have so far favored U.S. corporations for reconstruction projects, while ignoring Iraqi firms, and marginalized the Iraqi people.
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Most of the $20 billion pledged by Washington, part of the $87 billion package requested by the Bush administration from Congress for military operations and reconstruction, will finance business deals involving U.S. companies, making the sum appear as a handout to American corporations.
To date, the distribution of such lucrative deals has happened behind closed doors in Washington; U.S. officials cite security justifications for assigning many of the rebuilding contracts to U.S. companies rather than opening them to competitive bidding.
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http://story.news.yahoo.com/news?tmpl=story&cid=655&e=7&u=/oneworld/4536712171066997477(One of the more honest articles on the donor conference, imo)