In Ecuador: Negotiations with China ended with mistreatment, Rafael Correa says
Sunday, March 21st, 2010
Rafael Correa
[Translation of an article from El Universal of Guayaquil, Ecuador, for March 20, based on a dispatch from the Spanish news agency Efe.]
Ecuadorian President Rafael Correa declared today that he will not forget the Chinese position in failed negotiations over credit the country is seeking to finance one of its largest hydroelectric projects.
This week Ecuadorian Finance Minister María Elsa Viteri announced that the government has suspended negotiations it was carrying on with China over credit of almost two billion dollars for the hydroelectric project known as Coca Codo Sinclair.