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Archive November 2006

Wednesday, 8th February 2012

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November 2006

Stunning election result in Ecuador confirms Latin America's shift to the left

Rafael Correra has won Ecuador's presidential election, winning 58% of the votes according to the latest count. This article from Cuban press agency Prensa Latina looks at the effect on the continent's political landscape.

Quito, Nov 27 (Prensa Latina):  Besides deciding a deep change for a nation in crisis, Ecuadorians have determined an important movement inside the Latin American political panorama.

With the election of economist Rafael Correa, of Alianza Pais movement, as their president, voters thrashed the intensification of neoliberalism and buttressed a new project focused on the social sector and regional integration.

That decision takes place in a key year for Latin America, where progressive governments are finally gaining ground.

Correa´s win should influence in the correlation of forces at the Andean Community of Nations, affected by the decision of Peru and Colombia to seal free trade agreements with the US.

His opposition to sign such a pact with Washington and renew in 2009 the agreement on the US naval base in Manta, are among the main goals of his future administration.

Concerning the foreign debt, the Alianza Pais leader pleads for a decent, sovereign and technical renegotiation without excluding an eventual moratorium.

He also backs the reincorporation of Ecuador into the Organization of Petroleum Exporting Countries and previously said he will renegotiate existing conventions with private companies in the nation.

With those positions and once his electoral triumph is officially confirmed, Correa will take office on January 15 and lead this Andean state in a Latin American perspective.

According to economist Alberto Acosta, future head of the Energy ministry, the new government will prioritize its people´s wellbeing instead of the payment of the foreign debt.

They aspire to get the country back on its feet at the international arena to defend the national interests.

Acosta also pointed out that Ecuador will propose other developing states in debt to create an international arbitration court on sovereign debit.