Coalition of Prominent Business Associations Voice Serious Concern Over Continued Deterioration of the Rule of Law in Ecuador
On October 8th, six major U.S. business organizations- Business Roundtable, National Association of Manufacturers (NAM), U.S. Chamber of Commerce, Nation Foreign Trade Council (NFTC), Emergency Committee for American Trade (ECAT) and the U.S. Council for International Business (USCIB) sent a letter to key Congressional offices and the Obama Administration calling for the cancelation of Ecuador’s trade preferences under the Andean Trade Preferences Act (ATPA). In calling for the cancelation of Ecuador’s trade preferences under ATPA, the letter references President Obama’s June 30, 2009 report to Congress on Ecuador’s ATPA eligibility and a 2009 U.S. Department of State Investment Climate report. Each report notes several issues of serious concern with respect to Ecuador.
Chevron has consistently maintained that rule of law in Ecuador has been compromised. The following letter further underscores the fact that it has become impossible for Chevron to receive a fair trial in Ecuador.