Back

Economy & Business - September 2021

ECUADOR: Seeking to quell mining concerns

Ecuador’s President Guillermo Lasso issued Executive Decree 151 on 5 August, outlining the government’s “Action Plan for the Mining Sector”. The decree is the most significant show of support for the industry by an Ecuadorean government since the Rafael Correa administration (2007-2017) and puts forward a roadmap to resolve some of the key political challenges faced by the sector. Nonetheless, the plan will face local and political resistance, especially from the indigenous movement, complicating the advancement of a sector which the Lasso administration sees as beneficial for economic growth and state revenues.

End of preview - This article contains approximately 553 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.