The Permanent Court of Arbitration in The Hague Rules Against Ecuador, Favors Chevron – teleSUR

The Permanent Court of Arbitration in The Hague has ruled in favor of oil giant Chevron and declared Ecuador guilty of violating a bilateral investment treaty signed with the United States in 1997, of withholding justice from the company, and for not providing Chevron with “just and equitable” treatment.  The announcement was made Friday morning by Ecuador’s Solicitor General Iñigo Salvador, who gave a statement on the main points of the ruling in a press conference.  Read more >>