ABSTRACT
Freshwater is a unique natural resource which is irreplaceable and essential for all life on earth, and which can have strong cultural and religious implications. Since water touches upon many sectors of human activity it can also be addressed under several perspectives, including those of the environment, human rights, economy or trade. While the environmental, social and human rights dimensions of water have been integrated to varying degrees in international law and policy,1
the international trade and financial institutions have exerted an undeniable influence on the reforms that have been engaged in the water sectors of many countries during the past decade, especially in promoting an economic approach to water-related issues. This has meant that, coupled with growing water scarcity and the increased value put on this resource, water is fast becoming a pure commodity subject to the rules of pricing, markets and international trade.
