On Tuesday 16 May, four months after Ecuador acceded to the free-trade agreement between the EU and the Andean countries on 1 January, the Ecuadorian President, Rafael Correa signed decrees terminating 16 bilateral investment treaties (BITs), seven of which with EU countries.
The National Assembly (Congreso Nacional) of Ecuador, which is controlled by a parliamentary majority faithful to Correa, earlier this month denounced BITs with Germany, Spain, France, Italy, the Netherlands, the United...