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 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.
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.
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 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.
Investor-state dispute settlement (ISDS) allow foreign capitalists to run roughshod over the rights of Ecuadorians.
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 had denounced the ICSID Convention in 2009. The convention establishes the institutional and legal framework for resolving international investment disputes.
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.
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.
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.
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.
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?
Expert Marcos Orellana walks us through the shadowy arbitration system, the Chevron case in particular, and what it all means for global climate action.
On 21 September 2020, the Federal Customs Administration announced that the EFTA-Ecuador Free Trade Agreement will enter into force on 1 November 2020.
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.
The signing of the agreement was carried out virtually with the participation of the presidents and officials from the two countries’ foreign ministries.
Ecuagoldmining’s estimated $20 million investment so far could turn into a $469 million award, should it emerge victorious in an arbitration proceeding.
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.
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.