Reply #16: Ecuador activists threaten to resume oil shutdown [View All]

[54anickel]

http://news.yahoo.com/s/afp/20050828/bs_afp/ecuadoroilprotests_050828203255;_ylt=Ah3eRzoSqtIWO01lis7TLROmOrgF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl

QUITO (AFP) - Activists in Ecuador's Amazon states threatened to resume the strikes which crippled the country's oil production earlier this month if foreign oil companies do not stick to an agreement guaranteeing the region more economic investment.

The activists from oil-producing Orellana and Sucumbios provinces gave the government a 48-hour ultimatum to complete the agreement reached in principle Thursday or they would resume their strikes, they said in a statement.

"During the next 48 hours we are going to reorganize the strike; this is going to be the deadline for the government to get the foreign oil companies to sign the agreement that they ratified on August 25," the statement said.

The protestors warned that they would reject changes that the foreign oil companies have made to the agreement reached Thursday, which promised the provinces increased investment in economic and social infrastructure out of oil profits.

more...