US ‘too hasty’ in move to condemn Ecuador
By Richard Lapper in São Paulo
Published: May 22 2006 18:22 | Last updated: May 22 2006 18:22
The secretary general of the Organisation of American States has sharply criticised the US for moving too swiftly to condemn Ecuador over its decision to seize the assets of California-based Occidental Petroleum following a legal dispute.
In an interview with the FT, José Miguel Insulza said the US should have examined the case more carefully before deploring the move and suspending trade talks between the two countries.
“I don’t think more than few hours passed between the Ecuadorean announcement and the US response,” Mr Insulza said, adding that Ecuador had believed it had been “within its rights”. “These kind of things cause resentment … and that is not good for the hemisphere.”
(snip)
“So far, the only change of real importance has taken place in Bolivia
but we have to await the results of elections,” said Mr Insulza. Colombia and Peru go to the polls in the next two weeks, Mexico in July, and Brazil, Ecuador, Nicaragua and Venezuela before the end of the year.
(snip/...)
http://news.ft.com/cms/s/84bdd1e6-e9b2-11da-a33b-0000779e2340,_i_rssPage=3f6a0854-c8f8-11d7-81c6-0820abe49a01.html