Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Ecuador Indigenous organization ends talks with gov't, calls for Lasso resignation

Published 02/24/2023, 11:05 PM
Updated 02/24/2023, 11:11 PM
© Reuters. Leonidas Iza, leader of Ecuador's indigenous organization CONAIE, and leaders of the indigenous nationalities of the Sierra, the coast and the Amazon celebrate, on the day of a meeting held by Ecuador's top indigenous organization CONAIE along with other

By Alexandra Valencia

QUITO (Reuters) - A major Ecuadorean Indigenous organization said on Friday it will not continue talks with the government of President Guillermo Lasso, saying the government has not complied with accords, and called for Lasso's resignation over alleged corruption.

The government has said it reached dozens of accords with the CONAIE indigenous organization, including a temporary moratorium on oil blocks in the Amazon (NASDAQ:AMZN) and suspension of new mining concessions in ancestral territory until community consultation laws can be passed.

CONAIE agreed last year agreed to end weeks of protests in exchange for negotiations on the deals, but said on Friday Lasso has not kept his word.

"CONAIE breaks this process of dialogue and retires from monitoring efforts," its president Leonidas Iza told journalists after meeting with other Indigenous groups. "It is evident there does not exist the political will from the government to comply."

Iza said the organizations are calling for Lasso to leave office and asking lawmakers to hold impeachment proceedings, but stopped short of calling for national protests.

"Mr. Guillermo Lasso for the dignity of our country, for your inability to govern and resolve the most important problems of Ecuadoreans, present your resignation," Iza said.

It was not immediately possible to reach the government for comment.

Lasso has clashed repeatedly with the opposition-controlled national assembly, where some lawmakers tried to oust him during the 2022 demonstrations.

He has promised to improve the economy and fight rising crime, but though his government has renegotiated oil deals and some debt, efforts to make security reforms failed to get voter backing in a recent referendum.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Prosecutors raided offices at state oil company Petroecuador and an office at the presidency earlier this month as part of an investigation into alleged graft. Lasso's office has said it has zero tolerance for corruption.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.