RE: Interesting ..............In addition to the $2bn hydro project, have a look at today's areement with Chile. And the vote is unanimous which means even the Conaie were completely on board.
It approved agreement of complementación between Equator and Chile
13:13 - October 7, 2009
The full one of the National Assembly, presided by Fernando Lamb Cave, approved unanimously (101 votes) the Agreement of Complementación Economic between Equator and Chile, same that was analyzed and discussed in the Commission of Sovereignty, Integration, International Relations and Integral Security.
The Agreement has as an objective to intensify the commercial and economic relations among the parts and to stimulate the expansion and the diversification of the commerce among them; to eliminate the obstacles to the commerce and to facilitate the cross-border circulation of merchandise and services among the parts; to promote conditions of loyal competence in the commerce among the parts.
Also it seeks to create efficient procedures for the compliance of the present agreement; to establish features for the subsequent cooperation between the two countries, as well as in the multilateral and regional environment, directed to expand and to improve the benefits of the present agreement; to enlarge substantially the opportunities of investment, favoring an intensive one aprovechamiento of its markets and fortifying its competitive capacity in the multilateral exchanges.
The president of the Commission of Sovereignty, Integration, International Relations and Integral Security, Fernando Bustamante, emphasized that the agreement fortifies the existing trade relations with Chile and contributes to the compliance of the objectives of the Agreement of Association of March 10, 2008, that is the framework that to regulate our process of bilateral integration with said country.
It indicated that this international instrument complies the constitutional mandates and is recorded in the framework of the commitments acquired by the two countries, that is to say, constitutes the compliance of an international obligation of our country.
It declared that though a consistent, dependable, and cordial relation with Chile exists, since the point of view of the interest of the country "is important to prompt other actions that contribute to the strengthening of the links tending toward promoting the development, the prosperity and the reduction of the poverty in our countries".
It maintained that the agreement is not of free commerce, that would put to the economies in a situation of competence, but an agreement of complementación supportive in which both parts have had special care in which the products are sold and bought mutually, they generate not competence neither damage the economy of the counterpart.
https://www.lahora.com.ec/frontEnd/main.php?idSeccion=942152
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