After five days of protests in Ecuador, the authorities have decided to suspend the Sunday march on June 19, 2022. The decision was made in order to protect the safety of citizens.
The first four days of protests in Ecuador against the government due to the indigenous movement have prevented the country’s productive sectors from entering sales of $50 million, according to an executive estimate.
Ecuador’s Ministry of Production, Foreign Trade, Investments and Fisheries also warned in a statement that exports were affected by the road closures, “which jeopardizes non-oil exports that have experienced sustained growth of more than 30% over the past year”.
The calculations of the losses for tourism start from a minimum of 2 million dollars per day, “a value which could be even higher if one assesses the international impact of unemployment”.
According to a survey carried out in the tourism sector, 79% of hotel reservations “would have been canceled”, while 9 out of 10 establishments are already reporting reduction levels that reach, in some cases, less than 80% of the competition usual at its tourist establishments, due to the situation of the protests.
The Ministry of Production also reported that several commercial establishments have suspended their activities for fear of acts of vandalism and the difficulty of transporting goods.
Similarly, businesses in industrial sectors, such as flower growers, and exporters have reported threats and attempted forced entry by protesters.
The mobilizations have also affected oil production, as several wells and facilities in the Ecuadorian Amazon have been taken over by groups of protesters to force the extraction of crude oil to a halt.
In Block 16, which is operated by Petrolia, a subsidiary of Canada’s New Stratus Energy (NSE), a pumping station has been taken over since Monday, preventing the transport of around 4,000 barrels of oil each day.
Adicionalmente, el pueblo indígena waorani ha realizado cierres parciales en la vía que comunica las installations de la production del Bloque 16, lo que ha ocasionado problems en la seguridad industrial y la continuidad de la operación, al punto de miniuir la production en 3.000 barrels de crudo up to date.
Meanwhile, in blocks 14 and 17, the company PetrOriental reported the paralysis of eight wells and other oil installations that prevent the production of some 1,400 barrels of crude each day they are idle.
For its part, the state oil company Petroecuador reported on Tuesday a cumulative loss of 2,500 barrels due to the stopping of wells in various fields under its responsibility, by demonstrators who clashed with the armed forces guarding the installations and injured at least 10 soldiers. .
At the moment, the president of the Confederation of Indigenous Nationalities of Ecuador (Conaie), Leonidas Iza, leader and main promoter of the mobilizations, opposes a dialogue that the government has offered him on several occasions during this week .
The indigenous leader demands that, without mediation, the executive accept a decalogue of demands, which includes freezing the price of the fuels that freed him, controlling the prices of basic products, canceling the privatizations of companies strategic public policies and moratoriums on peasant debts and on extractive activities.
Given the situation the country is going through, our AMT staff are deployed throughout the capital to monitor and manage mobility in complete safety.