Quito, March 20 (Andes).- President Rafael Correa warned Saturday of the risks of signing a Free Trade Agreement (FTA) in Ecuador, especially for the agricultural and fishing sectors, according to the right wing’s plans.
“If Free Trade Agreements were the maximum formula for development, why haven’t we developed if they reached such deals until 2007. We already know about Colombia’s and Mexico’s experience with serious problems that arise from the signing of these deals with the United States,” said the president during his weekly report.
He affirmed that it is priority for the Ecuadorian government to protect employment and the national production as well as the agricultural and fishing sectors.
“Signing a free trade agreement would be a setback. We already signed one and the country went bankrupt. Of course somebody wins, and these are the great exporters and great producers but the majority loses,” said the chief of state.
He asked citizens not to be deceived and made clear that the national government of the Citizen Revolution will protect production and employment.