13-Jul-2004
Occidental Petroleum Corporation said today that a tribunal of international arbitrators formed under the US-Ecuador Bilateral Investment Treaty has issued its unanimous decision awarding approximately $75 million as compensation for value added tax (VAT) refunds from the company’s Block 15 operations in Ecuador that were deemed wrongfully withheld by the Government of Ecuador through December 31, 2003.
19-May-2004
From 18-19 May, representatives of three Andean nations — Peru, Ecuador and Colombia — met with US officials in Cartagena, Colombia for the first round of negotiations aimed at a US-Andean free trade agreement (FTA).
12-May-2004
The United States announced today that Peru and Ecuador will join with Colombia in the first round of negotiations on a U.S.-Andean Free Trade Agreement (FTA) scheduled for May 18-19.
