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Ecuador

Andean countries, EU to continue FTA dialogue
21-Mar-2009 Xinhua
Peruvian, Colombian and Ecuadorian officials will hold meetings with the European Union next week for a Free Trade Agreement. The discussion on intellectual property is seen as one of the most sensitive in the negotiations, because the Europeans have demanded an extension of the terms for the copyrights and data protection.
EU, Andean Nations struggle forward in trade talks
20-Feb-2009 ICTSD
Intellectual property, a potential regional customs union, human rights, and bananas triggered heated debate last week in Bogota during the first round of negotiations toward a free trade agreement between the European Union and Andean nations Colombia, Ecuador and Peru.
Colombia-European Union FTA on track
18-Feb-2009 Semana
The FTA will not be negotiated taking the three Latin American countries as a block. The new format designed for the negotiations is an unique multi party agreement in which each country’s particular interests will be taken into consideration regarding specific products, but all framed within the same agreement.
Ecuador, EU to explore trade
26-Jan-2009 Prensa Latina
Ecuador President Rafael Correa approved negotiation of a bilateral agreement with the European Union because of the impossibility to do it in a block through the Community of Andean Nations.
Tribunal rejects Ecuador’s jurisdictional objections in dispute with Chevron
6-Jan-2009 ITN
A tribunal has determined that it holds jurisdiction to hear a claim brought by Chevron Corporation against Ecuador for alleged violations of the Ecuador-United States bilateral investment treaty (BIT).
Glitch in the system: Ecuador’s conscientious default
24-Dec-2008
When the government of Ecuador failed to make a scheduled interest payment on private bonds this month, it was hardly the first time a country had defaulted in the middle of a financial crisis.
Ecuador: Correa comes in for criticism from the Left
8-Dec-2008 IPS
Ecuador’s president has ruled out a separate free trade agreement with the European Union, outside of the Andean Community trade bloc, as Peru and Colombia are seeking. However, negotiators at the Foreign Ministry say that if it is necessary to seek a free trade deal separately from the rest of the bloc, they will do so.
Ecuador seeks EU trade talks as neighbors move on
13-Nov-2008
Ecuador wants to negotiate a trade deal with the European Union, reversing its preference for group talks a day after neighboring Colombia and Peru abandoned efforts at a regional partnership in favor of their own deals with the European bloc.
Ecuador’s new constitution and international arbitration
6-Oct-2008 International Law Reporter
Ecuador’s new constitution provides that Ecuador will not enter into international agreements under which Ecuador would have to cede jurisdiction to international arbitral tribunals in contractual or commercial matters between the State and individuals or corporations.
Ecuador likely to negotiate bilateral association agreement with EU
12-Sep-2008 ANDINA
Ecuador would agree with Peru and Colombia to negotiate a bilateral Association Agreement between the Andean Community (CAN) and the European Union (EU), stated Thursday Peru’s minister of Foreign Trade and Tourism, Mercedes Aráoz.
Ecuador: Icsid panel claims it has jurisdiction in OXY case
11-Sep-2008 Dow Jones Newswires
A panel from the World Bank’s International Center for Settlement of Investment Disputes, or Icsid, said late Tuesday that it has jurisdiction for the claim of the US-based oil company Occidental Petroleum Corp. (OXY) against Ecuador.
Chevron lobbies White House to pressure Ecuador to stop $12bin Amazon pollution lawsuit
10-Aug-2008 DN!
Chevron is being accused of promoting geopolitical blackmail in its efforts to stave off a lawsuit accusing it of contaminating the Ecuadorian rain forest. Nearly 30,000 Amazon residents are seeking $12 billion from Chevron for dumping billions of gallons of toxic oil waste. According to Newsweek, the oil giant is urging the Bush administration to yank special trade preferences for Ecuador if the country’s government doesn’t force the Amazon residents to drop the case.
Ecuador, ALBA and the FARC
16-Jun-2008 Scoop
Recent remarks by Venezuela’s President Hugo Chavez on the civil war in Colombia and Ecuador’s decision not to join the Alternativa Bolivariana de las Americas (ALBA) solidarity based cooperation initiative shows progressive leaders are taking stock on Latin American integration.
Ecuador and investment treaties
5-Mar-2008 Latin Business Chronicle
The government of Ecuador recently announced plans to withdraw from at least nine bilateral investment treaties, a move that follows the country’s partial withdrawal last October from the International Centre for Settlement of Investment Disputes (ICSID) and comes amid growing discontent among some South American governments with the system for international investment protection. What’s wrong with the system?
Bush urges Congress to pass Colombia trade pact
4-Mar-2008
President George W. Bush urged U.S. lawmakers on Tuesday to put aside differences over a free trade agreement with Colombia and approve the pact to show support for a strong U.S. ally at the center of a crisis in Latin America.
House approves trade pact extension
28-Feb-2008
The US House of Representatives on Wednesday approved a 10-month extension of a trade program aimed at promoting imports from four Andean nations and thus discouraging the cultivation and production of illegal drugs.
Ecuador rules out FTA with US
24-Jan-2008 Prensa Latina
Ecuadorean Foreign Minister Maria Isabel Salvador ruled out a Free Trade Agreement with the United States but defended a commercial deal with that country.
Correa warns on dangers of FTA with US
16-Dec-2007 Prensa Latina
Ecuadorian President Rafael Correa said that the Free Trade Agreements (FTA) are tremendously danger and a problem for our countries.
Correa Warns on Dangers of FTA with US
16-Dec-2007
Ecuadorian President Rafael Correa said that the Free Trade Agreements (FTA) are tremendously danger and a problem for our countries.
Ecuador exporters warn increased duties could derail FTA
27-Oct-2007 Dow Jones
Ecuador’s Federation of Exporters warned Friday that the country’s recent increases in import duties will negatively affect negotiations on a free trade agreement between Andean countries and the European Union.