Ecuador Back in OPEC
The return of Ecuador to
the Organization of
Petroleum Exporting
countries is a fact
after that Latin
American country was
invited to attend the
summit of OPEC member
countries' presidents.
Minister of Mining and
Oil Galo Chiriboga
received a letter in
which OPEC invites
Ecuador to participate
in the 3rd OPEC heads of
state meeting scheduled
for November 17-18 in
Riyadh, in Arabia, said
a government source on
Tuesday.
The note arrived 13 days
after the government
requested to re-enter
OPEC, which it left in
1992, and Ecuadorian
President Rafael Correa
participated in the
meeting in Riyadh,
capital of Saudi Arabia.
Correa ratified some
days ago Ecuador's
intention to rejoin OPEC
and called it an
important step since it
could access information
and be acquainted with
commercial exchanges of
other countries with
foreign firms. |
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