Ecuador's government extended a state of emergency and soldiers replaced the police as the force that guards Congress after a deadly revolt by some officers last week over a new law cutting their bonuses.
The Union of South American Nations, UNASUR is holding an emergency summit in Buenos Aires to discuss the situation in Ecuador and express full support for President Rafael Correa, who was virtually kidnapped for hours by protesting members of the police force until freed by Army troops.
Ecuador’s elite forces freed President Rafael Correa late Thursday in a raid on a hospital where police held him captive as part of wage dispute that regional leaders labeled an organized coup attempt.
Chilean president Sebastian Piñera invited Ecuadorian President Rafael Correa to join him in a visit to Antarctica to continue diplomatic discussions concerning Chile’s ongoing maritime border dispute with Peru. The trip is expected to take place between Nov. 6 and Nov. 8.
The United Nations Development Programme, UNDP, and Ecuador have reached agreement to set up a trust fund to protect an ecological site in an oil-rich area of the South American country’s Amazon region.
Colombian Foreign Affairs minister Jaime Bermudez claimed Venezuela impeded reaching a consensus on a cooperation mechanism preventing the presence of Colombian guerrillas in other countries, during the Unasur ministerial meeting Thursday in Ecuador.
The extraordinary meeting of Unasur (Union of South American Nations) foreign affairs ministers convened by Ecuadorean president Rafael Correa for this Thursday should help to search for ‘solutions’ to the diplomatic rift between Venezuela and Colombia.
Venezuelan president Hugo Chavez office has confirmed he will be participating of the coming Mercosur presidential summit scheduled for next August 3 in San Juan, north of Argentina when the rotating chair of the block will be passing from Buenos Aires to Brasilia.
OPEC member Ecuador says it will start renegotiating contracts with private oil companies as it moves to increase state control over the sector. Under the new hydrocarbons law, the current production-sharing agreements will be replaced by a flat fee.
Ecuador strongly criticized the Organization of American States, OAS, for having speedily accepted a special session request from Colombia to address the alleged existence of Colombian guerrilla groups in Venezuelan territory which led to a major diplomatic and political situation between the neighbouring countries.