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South America Headlines Examiner

Economical situation or a smoke screen in Ecuador?

July 20, 8:58 PMSouth America Headlines ExaminerJuan Hidalgo
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The relations between Colombia and Ecuador have been worse by the tariff increase to 1643 Colombian products by the Ecuador government which - according to the government of Ecuador – it’s a correction of the trade balance to exchange rate effects, but considering the present situation, it could be have a political background after the event occurred last week when was revealed an suppose alleged FARC support for the candidacy of Rafael Correa, who won the presidency of Ecuador two years ago.

It is no secret that relations between President of Colombia Alvaro Uribe and Rafael Correa and are not the best since Correa took the office supported politically by the president of Venezuela Hugo Chavez, who has criticized the Colombian government by the closeness that has with United States, so Correa became part of the block Venezuela, Bolivia, Nicaragua and Cuba.

 

The diffusion of a video where a FARC leader Jorge Briceño said that the guerrilla group supported financially dollar Correa's candidacy, has undermined the public image of the Ecuadorian president, while his Foreign Ministry has questioned the authenticity of these statements considering the bad relations between the two countries for over a year. 

It is not excluded that Correa's party seeks to divert public attention to a problem with Colombia, which started with a demand for the Prosecution of Quito against the defense minister of Colombia at that time by a Colombian military incursion into Ecuadorian territory in March 2008 to attack a FARC camp where he died the FARC number 2, Raul Reyes.

 The truth is that this adjustment to the Colombian products would result in a exports lost if the concrete the Ecuador government announce, so it will be a discussion led by the Andean Community, trade bloc that also includes Peru and Bolivia, in order to arrive at a solution and avoid a trade war between Ecuador and Colombia, while diplomatic relations are already strained at the moment.
 
CAPTION: Ecuador's presidency Rafael Correa greeting supporters in Quito, Ecuador on Saturday July 18, 2009. (AP Photo/ Ecuador's presidency)

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