• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Almost half of the rural population lives on less than USD 2.80 a day
The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020
In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts
Information technology (ICT) reduced the digital divide in the country
Fishing sector rejects proposal to expand the Galapagos marine reserve
Municipality of Guayaquil announces that it will acquire the Russian vaccine Sputnik V, the Chinese Sinovac and the Oxford doses
Flights in Ecuador fail to recover the frequencies of before the pandemic
Achievements of digital transformation are exposed in “A Digitized Country, A Modern Country”
Yaku Pérez: ‘I am not a supporter of violence; I am adept of a resistance ‘
If the bill for the Defense of Dollarization in Ecuador is not approved, the next IMF disbursement of $ 450 million would be put on hold

Patino talks about ambassador Adam Namm statements

Posted On 13 Nov 2013
Ricardo Patino

Ricardo Patino

Ricardo Patino, Minister of Foreign Affairs, commented on the statements claims made by the U.S. Ambassador in Ecuador, Adam Namm, who explained that if Ecuador decides to cancel the bilateral investment treaty signed on August 27, 1993, the effect would be negative because U.S. companies would fear to invest in the country.

The ambassador’s reaction came after the regime leader, Rafael Correa, announced an audit for over 26 international agreements for considering them harmful to the Ecuadorian regime.

According to Patino, “in many countries of the world that do not have bilateral agreements, investments arrive without problem” and cataloged these treaties as “unpatriotic and damaging to our country because unfortunately they were signed in the neoliberal era.”

For Patino the importance of private investment, is that the laws are transparent and in Ecuador there is a Production Code and the Constitution that have fairly transparent rules to attract private investment, he said. Therefore insisted that one cannot “put all the conditions in favor of capital and against the interests of citizens.”

About the Author
  • google-share
Previous Story

Ecuador plays friendly with Argentina on Friday

Next Story

Augusto Barrera and Gustavo Baroja set for reelection by AP

SEARCH

LATEST NEWS

Almost half of the rural population lives on less than USD 2.80 a day

Posted On 04 Mar 2021

The unemployment rate for women increased from 5.7% to 7.4% between 2019 and 2020

Posted On 04 Mar 2021

In one year, more than 650,000 people lost their jobs; index would recover in four years, according to experts

Posted On 04 Mar 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net