Congresswoman Nancy Pelosi

Pelosi on the World Bank and the Western China Poverty Reduction Project

July 7, 2000

Congresswoman Nancy Pelosi, the senior Democrat on the Foreign Operations Appropriations Subcommittee, which funds the U.S. contributions to the World Bank, today released the following statement,

"Today's action at the World Bank is a victory for those who believe that U.S. taxpayers' dollars should not be financing the Chinese government's destructive policy of moving Chinese citizens into historically Tibetan areas. It is also a victory for the effort to increase transparency and accountability at the Bank.

The Inspection Panel report details a fundamentally flawed project and a questionable process at the Bank. Today demonstrates that the Inspection Panel process is an important and effective mechanism for stakeholders in Bank projects to have recourse to appeal Bank decisions.

I commend the Clinton Administration, especially U.S. Treasury Secretary Summers, for his leadership in demanding that the World Bank adhere to its own standards. I also commend my colleagues in Congress, both Democratic and Republican, who joined in opposing this ill-conceived project and flawed loan process."

Congresswoman Pelosi is the Co-Chair of the Congressional Working Group on China and has been a long-time critic of the Chinese government's resettlement of ethnic Chinese into Tibetan areas.