Deal to lower fuel prices ends deadly protests in Ecuador

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Ecuador's government has lowered fuel prices after protests by Indigenous groups led to food and medicine shortages, and impacted the oil industry.

Indigenous protesters gather outside the Episcopal Conference headquarters where Indigenous leaders were holding talks with the government in Quito, Ecuador, on Thursday, 30 June 2022.Ecuador's government and indigenous leaders have reached an agreement to end more than two weeks of protests against the social and economic policies of President Guillermo Lasso which left at least eight dead.

As part of the deal, the government agreed to again lower fuel costs, including on the most used petrol and diesel, by an extra 5 cents, following previous cuts of 10 cents per gallon. Protests organised by indigenous organisation CONAIE erupted across Ecuador on 13 June, with demonstrators' demands including lower fuel prices and limits to further expansion of the mining and oil industries.The energy ministry said a power station was being put back in service following the withdrawal of demonstrators and a nine-day suspension of service, another step to normalising the energy industry.

Mr Lasso's adversarial relationship with Ecuador's national assembly deteriorated during the protests. Opposition lawmakers pushed a vote to oust him earlier this week, which he narrowly survived.Ecuador's armed forces vow to end violent protests, condemning actions as 'threat to democracy'

Source: News Formal (newsformal.com)

 

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