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Friday 16 November 2007

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Venezuela Builds $2.4 Million Hospital in Nicaragua
Slim-led Group Bids Lowest in Panama Canal Contract
Scholars Defend Latin America
Solidarity Praised at Havana Meeting
Ecuador President Heads East


Ecuador President Heads East
Ecuadorian President Rafael Correa travels Thursday to Saudi Arabia to formalize his country's return to the OPEC and will visit later China and Indonesia, to expand political and trade links.

Also included is the Third Summit of Heads of State from the Organization of Petroleum Exporting Countries (OPEC) in Riad on November 17-18.

The presence of the South American statesman in that event confirms Ecuador"s interest of joining the oil nations" poster, which abandoned in 1992 with a $4.7 million debt.

According to Ecuadorian Oil Minister Galo Chiriboga, that debit will be paid in three-year term.

Ecuador"s entrance to the OPEC is a very important step, because the country could have access to information, and learn what the other nations are doing in trade.

After the summit, the head of State will move Monday to Beijing, to meet with his Chinese counterpart Hu Jintao, Peoples" National Assembly Permanent Committee president Wu Bangguo, and China"s Communist Party Political Bureau Permanent Committee member Li Changchun, as well as visit Shanxi and Shanghai.

Later, the Ecuadorian governor will go to Jakarta, Indonesia, November 25, to analyze with his counterpart Susilo Bambang Yudhoyono possibilities to expand trade links.

Correa is expected to return Quito November 28, a day before of the creation of the Constituent Assembly in the city of Montecristi.
 

 

 

 

 
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