ISDS Case Map
Ecuador
Ecuadorian Foreign Trade and Investments Minister Pablo Campana expressed his intention to have an economic partnership agreement with Japan
Ecuador will be forced to pay economic reparations to the oil giant. The over 30,000 affected people in the Amazon haven't received any compensation.
The signatories of this letter wish to express their rejection of this decision and their support for the people of Ecuador and the organizations that have defended the communities affected by Chevron Texaco.
Ecuador found liable for violating international law, supporting fraud and corruption.
Ecuador's President Lenin Moreno has indicated that the country will consider joining the Trans-Pacific Partnership free trade agreement while seeking diversification of its trade and industry.
The EFTA states would like to abolish all industrial tariffs in trade with Ecuador, facilitate trade in services, and secure investments. These are all provided for in the free trade agreement, which has now been signed in Iceland.
The agreement will allow export of shrimp and tuna products to EFTA countries with a zero export tariff.
Recent declarations made by members of the newly elected government of Ecuador reveal a reversal of its predecessor's decision to denounce and withdrawal from the ICSID Convention, as well as all of Ecuador’s bilateral investment treaties
The European Free Trade Association (EFTA) states – Iceland, Liechtenstein, Norway, and Switzerland – and Ecuador have concluded the fifth round of talks towards an agreement that will reduce tariff and non-tariff barriers to bilateral trade.
Under the terms of the agreement, ConocoPhillips will recover a total of $337 million from Ecuador.
