Ecuador will not forget China's "mistreatment": president

[Zorro]

<snip>

Ecuador will not forget the "mistreatment" by China in failed talks to finance a hydroelectric station, President Rafael Correa said Saturday, threatening to seek financing from Taiwan.

Correa said that he "unilaterally ended" talks on Wednesday with the Chinese bank Eximbank "due to the mistreatment and the rudeness" that the Ecuadoran negotiator endured.

"We will not forget this," Correa said in his weekly broadcast presentation.

Correa said that there were "many alternatives" to obtaining financing for the hydroelectric project, including from Taiwan.

<snip>

More at: http://news.yahoo.com/s/afp/20100320/bs_afp/ecuadorchinataiwanenergyfinance_20100320202020

Sounds as if South America's other hothead is having a hissy fit because China's not too keen on investing in a country that defaults on its loans.

[Zorro]

1. Taiwan refuses to be dragged into China-Ecuador row

Looks like Taiwan isn't too eager to throw money away, either.

<snip>

Taiwan said Monday it will not offer Ecuador a loan which is being denied by China.

Vice Foreign Minister David Lin said Taipei had not received any request for a loan and has no plans to grant one to Ecuador.

"Our country's corporation programmes are mostly focused on our diplomatic allies," he told parliament.

Lin was responding to a news report that Ecuador failed to procure financing from China for a hydroelectric project, and would seek it from other countries, including Taiwan.

<snip>

Read more: http://www.earthtimes.org/articles/show/315185,taiwan-refuses-to-be-dragged-into-china-ecuador-row.html

[Bacchus39]

2. amazingly juvenile, China won't play in the sand box so we'll go to their"enemy"

yeah, lets make friends with Iran and Zimbabwe because the US has issues with them.

[protocol rv]

4. Correa does seem to have problems

Correa sounds desperate. I feel bad for the man, because I think he does have good intentions. But he needs to keep his mouth shut, and not copy chavez and his tendency to threaten and bluster as if he were a teenager in the barrio. I know people who talk to Correa, and he's really upset because of the corruption and performance failures in his administration. The man is honest, intelligent in a sense, but lacks wisdom. And he is letting Chavez influence him too much. I do wish him well, if he can correct his mistakes, and pull away from Chavez, he could be a good force for Ecuador. But the odds aren't very good. Such is the fate of Latin American countries, even when leaders have good intentions, they turn out to be so flawed...

[Zorro]

3. Ecuador's cabinet to resign

Curiouser and curiouser. I'd say Correa is getting a little stressed out over recent events.

<snip>

Ecuador President Rafael Correa on Saturday asked his cabinet to hand in their resignations as part of a major government reshuffle.

The leftist Correa, 46, a former economy minister who became president in 2007, would not provide details of the changes planned, after he made the announcement during his Saturday radio address.

All the ministers and top officials would be affected by this move, he said, adding that it would allow him the freedom to replace those positions he deemed necessary.

<snip>

Read more: http://www.earthtimes.org/articles/show/315034,ecuadors-cabinet-to-resign.html