What guarantee do people have that this proposal will be honoured? Print

The government will preserve the area. It will decree a moratorium on oil activity in the southern Amazon region. It will begin taking steps towards a post-oil Ecuador.

Once the certificates of payment for preserving the crude oil in the ground have been issued, the government will not be able to exploit this area, unless it refunds the money that has been charged for them, with interest.

This is an issue that will have to be addressed in the new Ecuadorian constitution, because of the need to establish areas off limits to oil activity and to implement economic reforms that can serve as the foundation for a post-oil Ecuador.