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CD269: NDAA 2023/Plan Ecuador

Congressional Dish

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What Happened to the World Trade System in Ecuador?

In 2005 to 2014, Chinese banks provided almost $11 billion of financing to Ecuador. But things started changing politically in Ecuador around the same time that things got real crazy here in the States with the election of a new president. Lenin Moreno won the election and then got to work restarting the world trade system integration. In September of 2020, the World Trade System loan shark, the IMF, was welcomed again into Ecuador.

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