ISDS Case Map
Ecuador
The Ecuadorian President is using the cover of internal conflict to bring investor-state dispute settlement back to Ecuador, in what a former Constitutional Court member calls a "democratic disaster."
A proposed Canada-Ecuador free trade agreement could put corporate interests above citizens’ rights, say several concerned organizations.
The National Assembly of Ecuador, the country’s unicameral legislature, ratified a free trade agreement with China.
The ratification of the Ecuador-China Free Trade Agreement, signed in 2022, faces significant hurdles in the nation's National Assembly, as the dissolution of the assembly by President Lasso and subsequent snap elections, along with concerns about transparency and public engagement during the negotiation process.
The focus of concern has been the waste that Ecuador would receive from China, including pharmaceutical products, electrical parts, batteries, scrap metal, single-use plastics, glass and contaminated liquids.
When Ecuador placed a windfall tax on foreign oil operations, French and U.S. companies filed claims—and were awarded more than $800 million.
Ecuador's procurator said the country has won an international arbitration and will not be liable to pay $198 million to engineering firm Worley International Services over oil project contracts.
Ecuador and the Dominican Republic signed a memorandum of understanding to begin negotiations to achieve a bilateral trade agreement, government sources from the Andean nation reported.
South Korea struck a free trade agreement with Ecuador and plan to officially sign the deal in the first half of next year following due domestic procedures. Under the deal, South Korea will remove tariffs on 96.4 percent of all items and Ecuador will lift tariffs on 92.8 percent of all products traded.
Ecuador became the fourth Latin American country to sign a trade agreement with China, which since last year displaced the United States as its main non-oil trading partner.
