All was reasonably “well” until last year when representatives of transnational mining companieshad a meeting with President Correa and persuaded him to relax the mining laws of Ecuador.
Put simply, these “reforms” violate the country’s constitution and are a direct threat to the Rights of Nature and the Rights of Indigenous Nations. The “reformed” law clearly states that mining can develop in any part of the country. This means that the safeguards that were previously in place to protect The Rights of Nature and Human Rights have been effectively abolished.
WHY? Is it because Ecuador has borrowed more than 17 Billion Dollars from the Chinese and has guaranteed to pay the money back through commodity sales, 17 Billion Dollars worth of Commodity Sales?
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