Dow Jones - Ecuador Assembly Agrees To End International Investment Pacts – The Amazon Post

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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.

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