EcuadorToday 06:30
Good morning all,
I've been looking at the Ecuadorian government and its stated direction.
President Daniel Noboa is highly likely to favour a Western strategic partner over a BRICS-aligned group . His administration has prioritised economic reform, transparency, and stronger alignment with Western institutions, including the IMF and World Bank. A Western-led Cascabel development would signal investor confidence, ESG compliance, and diplomatic compatibility with Ecuador’s strategic goals. Conversely, a PRC-led funding model—whether through debt or creeping control—could raise concerns around governance, foreign influence, and economic sovereignty. If a Chinese-backed funding package is presented on 23 June, it may serve more as a provocation or negotiating tactic to prompt a Western response rather than a preferred long-term path for Ecuador. In Ecuador, a Western bidder is therefore better aligned with the government’s stated direction and would likely receive stronger political support for project execution.