ISDS Case Map
Ecuador
Ecuador's ambassador to Washington return to Quito for consultations on how to overcome an impasse with US free trade negotiators over an oil-tax bill designed to cut into foreign windfall crude profits.
The Ecuadorean government plans to send a formal request this week to the U.S. government to resume free trade talks between the two nations, the country's top trade negotiator said Tuesday.
The Ecuadorian government insisted Tuesday on having the last Free Trade Agreement (FTA) round of negotiations with the US and is readying a formal request from Washington.
New legislation designed to increase the state's share of windfall oil revenues by some $600m a year is set to derail Ecuador's plans to negotiate a trade deal with the US, according to government officials.
The Ecuadorian government hopes to have the next round of FTA negotiations on May 8 in Washington -- if it manages to pass an amendment bill to the Hydrocarbons Law. But the legislation is being staunchly opposed by private oil firms.
The violent police repression against Ecuadorian demonstrators protesting the free trade agreement with the US has claimed its first life, university students denounced Friday.
With can of spray paint in hand, Ecuadorean author Alex Ron has turned his writing talent loose on the walls of Quito to vent his anger about a pending U.S. free-trade pact that has sparked weeks of Indian protests.
Ecuador and the United States decided to suspend free trade negotiations until late April after a deadlock in talks, the Ecuadorean president's spokesman said on Monday.
The Confederation of Indigenous Nationalities of Ecuador (CONAIE) has demanded the government Sunday to suspend the Free Trade Agreement (FTA) talks with the US and hold a referendum on that deal.
Ecuador could reach a free trade deal with the United States by the end of this week if the two sides can resolve difficult agricultural issues, Ecuadorean negotiators said on Monday.
