The member nations of UNASUR will meet in Ecuador to discuss judicial independence, among other issues:
“Cuenca will be the headquarters of the UNASUR Judicial Powers Summit V to be attended by the 12 member nations”
There are several new updates in the political process surrounding Ecuador’s polemic Communications Law:
The deadline for a final version of the bill has been extended to July 2nd, giving legislators 12 days to add or remove provisions, Hoy reports.
A proposal by ruling party legislator María Augusta Calle to require degrees for “professional journalists” passed committee, El Comercio adds.
Native groups are again planning to pressure the administration of President Rafael Correa to make a number of reforms.
Indigenous groups plan to demonstrate to have the government respect their territories and to force the government to reform the mining law, among others.
Ecuadorian Foreign Minister Ricardo Patiño highlighted as central objective of the next Summit of the Bolivarian Alliance of the Peoples of Our America (ALBA) in the city of Otavalo, the beginning of a multinational dialogue on interculturalism.
Business costs have increased for Ecuador, following the country’s listing as a nation that fails to meet international standards in the fight against money laundering and terrorist financing, said the President of Ecuador’s Private Banking Association.
Construction on Ecuador’s 1,500-MW Coca Codo Sinclair hydroelectric project is slated to begin by the end of the month after a months-long stalemate between the country and the Chinese groups financing 85% of the effort.
Ecuador Production Coordination Minister Nathalie Cely said Thursday she is preparing a study of government subsidies in the Andean country.
Ecuador’s total foreign debt in April was $13.48 billion, a 21% decrease from $16.96 billion in the same month of 2009, the central bank said.
