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Ecuador

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.
US, Ecuador ’very close’ to concluding free trade agreement - White House
12-Feb-2020 Urdu Point
The United States and Ecuador are close to concluding a free trade agreement. US President is scheduled to meet with Ecuadorian counterpart at the White House on Wednesday (12 February).
Ecuador, Mexico initiate FTA negotiations
27-Aug-2019 Prensa Latina
This meeting will continue other rounds of negotiations in the first week of October in Quito, and the first week of November on Mexican soil, with the aim of reaching an agreement in 2021.
Global anti-Chevron day objects corporate crimes and impunity
22-May-2019 Tele Sur
Thousands of demonstrators across all five continents have joined the International Anti-Chevron day to peacefully protest and display global crimes committed by the transnational company against human rights and the environment.
UK signs trade continuity agreement with Colombia, Ecuador and Peru
16-May-2019 Government of the United Kingdom
The United Kingdom has signed the UK-Andean countries trade agreement.
Ecuador and the Netherlands consolidate their commercial relationship
16-May-2019 Fresh Plaza
Ecuador and the Netherlands have signed a joint declaration to promote a new bilateral investment agreement that will replace the one that is currently in force and that expires in 2021.