Dow Jones – Ecuador Assembly Agrees To End International Investment Pacts
Date: Sep 16, 2010
Ecuador President Rafael Correa successfully encourages Assembly to end investment pacts with several European countries. U.K. ambassador to Ecuador says bad message to investors around the world:
Correa has been a critic of international arbitration. He has said several times that companies have turned to international arbitration with complaints, although they had no right to do so.