|
Ecuador Proposals as UNASUR Chair
Quito - Creation of an intermediation system
on foreign investments is one of the initiatives
that Ecuador will present once it assumes UNASUR
presidency on August 10, the Ecuadorian media
announced on Thursday.
El Tiempo daily highlighted Ecuadorian Foreign
Minister Fander Falconi's words, recalling that his
country ended the contract with the International
Center for Solving Investment Disputes (ICSID),
which depends on the World Bank.
The foreign minister said Ecuador wishes a
regulation system in the context of the Union of
South American Nations (UNASUR) to strengthen the
mechanisms to deal with direct foreign investment.
Data of the Economic Commission for Latin America
show that Ecuador and Venezuela were the two
countries with the most foreign investments in 2008,
and in this country they went from $250 million to
$970 million.
Other Ecuadorian plans as the head of UNASUR are the
formation of an anti-drug council, creation of an
higher-education assessment system and its own
electoral observation system.
About the role his country would assume at the
regional authority's chairmanship, Falconi said it
wishes to intensify the work with the security
councils, infrastructures and health. |
|
