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Ecuador

Ecuador eyes trade deals with China, Russia in bid for investment
8-Oct-2021 Reuters
Ecuador is aiming to negotiate trade deals with China, Russia and South Korea in the next four years, the Andean nation’s Production and International Trade Minister said, adding that closing a deal with the United States is a priority.
Ecuador will seek a trade agreement with Russia after the elimination of preferences
31-Aug-2021 Fresh Plaza
Ecuador to promote a free trade agreement with the Eurasian Economic Union (EAEU), as the generalized system of preferences granted by Russia expires on October 11.
US – Ecuador trade deal comes into effect
26-Aug-2021 The Pig Site
The US Trade Representative (USTR) has announced that a mini trade deal between the US and Ecuador, originally signed in December 2020, has come into effect.
Lasso will meet with López Obrador in Mexico to request the entry of Ecuador to the Pacific Alliance
24-Aug-2021 Market Research Telecast
Ecuador will propose the free trade agreement with Mexico, with the purpose that, in the shortest possible time, Ecuador can enter the Pacific Alliance
Ecuador awaits Mexico’s response to negotiate the FTA, says minister
6-Aug-2021 Market Research Telecast
Ecuador is waiting for a response from Mexico to return to the negotiating table for a free trade agreement between the two that opens the long-awaited path to the Pacific Alliance.
New Ecuadorian government teams up with powerful international lobbies to rejoin investment treaties prohibited by the constitution
15-Jul-2021 Institute for New Economic Thinking
Investor-state dispute settlement (ISDS) allow foreign capitalists to run roughshod over the rights of Ecuadorians.
The Government of Ecuador wants to negotiate a free trade agreement with the United States
15-Jul-2021 Market Research Telecast
Ecuador wants to negotiate a free trade agreement with the United States, its main trading partner, as its neighbors Colombia and Peru have already done.
Ecuador signs the ICSID Convention
29-Jun-2021 ICSID
Ecuador had denounced the ICSID Convention in 2009. The convention establishes the institutional and legal framework for resolving international investment disputes.
Ecuador to seek ’payment plan’ for award to French oil company
3-Jun-2021 Reuters
Ecuador has 60 days to make the payment and has already contacted Perenco to start negotiations. In 2020, the country inked a $6.5 billion emergency deal with the IMF.
Ecuadorean state should pay $412 million to Perenco after losing legal dispute
2-Jun-2021 Amico Hoops
The Ecuadorean country will have to face a millionaire sum for Perenco oil company after a ruling by a panel formed under the auspices of the World Bank’s International Center for Settlement of Investment Disputes.
Commemoration of 10th anniversary of the first judgment declaring Texaco-Chevron guilty for its crime in the Ecuadorian Amazon
17-Feb-2021 UDAPT
Ten years have passed since the judgment of Lago Agrio. Until today the oil company refuses to comply with the judgement; and, in turn, has chosen to activate a whole system that guarantees corporate impunity.
Urgent call from international CSO to Ecuador on the Chevron case
12-Dec-2020 Stop Corporate Impunity
150 organizations are asking the government of Ecuador to appeal the arbitration award issued by the Dutch justice system in favor of the oil transnational Chevron.
Will a US-Ecuador trade deal lead to a broader pact?
8-Dec-2020 The Dialogue
How likely are the two countries to engage in talks for a broader trade agreement in the near future, and how would that differ from the phase-one treaty?
The secret tribunal
19-Oct-2020 Drilled
Expert Marcos Orellana walks us through the shadowy arbitration system, the Chevron case in particular, and what it all means for global climate action.
EFTA-Ecuador FTA enters into force 1 November 2020
23-Sep-2020 International Trade Compliance Update
On 21 September 2020, the Federal Customs Administration announced that the EFTA-Ecuador Free Trade Agreement will enter into force on 1 November 2020.
Hague court rules in favor of Chevron in dispute with Republic of Ecuador
17-Sep-2020 Nasdaq
The District Court of The Hague ruled in favor of Chevron in its dispute with the Republic of Ecuador, upholding a 2018 arbitral award rendered by an international tribunal administered by the Permanent Court of Arbitration.
Ecuador and Chile sign major trade agreement
14-Aug-2020 Xinhua
The signing of the agreement was carried out virtually with the participation of the presidents and officials from the two countries’ foreign ministries.
Ecuagoldmining v Ecuador: Mining, the environment, and international arbitration
5-Jun-2020 Geopolitical Monitor
Ecuagoldmining’s estimated $20 million investment so far could turn into a $469 million award, should it emerge victorious in an arbitration proceeding.
Ecuador will approve the trade agreement with EFTA
23-Apr-2020 Fresh Plaza
The plenary session of the Assembly will process the agreement between Ecuador and the European Free Trade Association, after having the Constitutional Court approved it.
Exclusive: Chinese consortium Ecuagoldmining opens dispute with Ecuador over halted mine
21-Feb-2020 Reuters
Chinese mining consortium Ecuagoldmining has initiated a dispute with Ecuador’s government over a gold mining project that has been halted by objections from community activists.