Three recent ICSID decisions involving Ecuador highlight the importance of language addressing the status of taxes in investment treaties.
Oil giant wins "lifetime achievement" award for efforts to evade justice
Ecuador and the European Union (EU) predict that the free trade agreement (FTA) that they have just signed in the Belgian capital, whose negotiation had ended in June, will take effect in 2016.
Ecuador’s Foreign Trade Minister Francisco Rivadeneira hopes to begin negotiations on a free trade agreement with Japan as soon as possible, he told Efe in an interview on Thursday.
A document leaked today shows that Ecuador’s government was threatened with isolation and a devastating loss to its trade if it didn’t return to the negotiating table for the EU-Andean Trade agreement.
The EU and Ecuador are publishing the documents of their new Association Agreement, which will see Ecuador joining the EU’s existing accord with Colombia and Peru.
Ecuadorian Ambassador Nicolas Trujillo Newlin called the Korean government today, urging it begin negotiations toward signing a trade agreement with the country.
The European Union finally reached a trade agreement with the world’s number one banana exporter, Ecuador.
This week, for the first time, the Ecuadorean government disclosed the results of water and soil testing conducted in 2013 by its experts — the US environmental, engineering and infrastructure consultant Louis Berger Group — at five sites once operated by Chevron predecessor Texaco.
A judge in the US has ruled that lawyers representing Amazonian villagers used bribes to secure compensation worth billions of dollars from oil company Chevron in Ecuador.
Ecuador’s hopes of winning a legal struggle against US oil supermajor Chevron Corp. pertaining to a multi-billion-dollar pollution judgment rest on the degree of "global solidarity" with the Andean nation, Foreign Minister Ricardo Patiño said Wednesday.
We have resumed the negotiations, but we will not sign an FTA with the EU, but a trade agreement, Correa stressed Tuesday during a press conference in the south-western port city of Guayaquil.
Ecuador and the European Union will hold their first round of negotiations on a Multipart Trade Agreement from January 13 to 17 in Brussels, announced an official source.
Last month, a judge ruled that the Ecuadorians can pursue their case against Chevron in Canada.
An international arbitration tribunal in The Hague hearing a claim from Chevron Corp. against Ecuador pushed back a scheduled hearing to Feb. 7 from Jan. 20 and called on both parties to meet in Washington on Jan. 20 instead.
A court in Canada has ruled Ecuadorean farmers and fishermen can try to seize the assets of oil giant Chevron based on a 2011 decision in an Ecuadorean court found it liable for nearly three decades of soil and water pollution near oil wells, and said it had ruined the health and livelihoods of people living in nearby areas of the Amazon rainforest.
Last Friday, from Paris, Ecuadorian President Rafael Correa expressed his hopes for a conclusion to the long-awaited trade agreement in the first quarter of next year.
Ecuador’s highest court upheld a verdict that US oil company Chevron Corp is responsible for pollution in an Amazon rainforest, but halved the fine imposed in a previous trial to $9.5 billion, a decision the company dismissed as illegitimate.
Ecuador’s decision to end bilateral investment treaties with all countries and take disputes to a new regional arbitration body has raised concerns among Chinese investors.