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What are Ecuador's national obligations? PDF Print E-mail

Environmental conservation and respect for the rights of the country’s peoples are national responsibilities. Ecuador must bring an end to the latifundia-style model of land ownership represented by the system of oil exploration blocks – in this case Block 43, better known as the Ishpingo-Tambococha-Tiputini reserves – in which the oil companies, possibly foreign, can play the role of lord and master, with the right to use and abuse the land at their will. In the case of ITT, this means close to 200,000 hectares of land in the heart of an area that is home to the highest degree of biodiversity in Ecuador and the whole world, as well as the territory of numerous indigenous peoples, including some who have chosen to live in isolation from the outside world.

We must break the chain of linking one failed project to another. With the extraction of heavy crude oil came the promise of revenues that never materialized, leading to the decision to build the heavy crude oil pipeline known as the OCP. That decision brought further promises of jobs, investment, money… but now the OCP is half empty, and there are those who say that the ITT reserves must be exploited in order to make full use of the pipeline and the infrastructure in Block 15, which will soon collapse.

The proposal being made is for Ecuador to be paid to keep the oil in the ground.