Date: May 21, 2008
Creator: Seelke, Clare Ribando
Description: Ecuador has experienced ten years of political and economic instability. On January 15, 2007, Rafael Correa, a left-leaning, U.S.-trained economics, was inaugurated to a four-year presidential term, becoming the country's eighth president in ten years. President Correa has fulfilled his campaign pledge to call a constituent assembly to reform the country's constitution. U.S. officials have expressed concerns about President Correa's ties with Hugo Chavez of Venezuela and his stated policies on trade and energy matters. Despite those concerns, Congress enacted legislation in February 2008 to extend U.S. trade preferences for Ecuador through December 2008.
Contributing Partner: UNT Libraries Government Documents Department