Ecuador’s Congress held its first session since the ouster of president Lucio Gutierrez with lawmakers reforming key institutions to try to restore political stability to the Andean nation. Congress met, as a mission from the Organization of American States arrived in Quito for three days of talks aimed at calming international concerns over the new government’s legitimacy. The parliament named Wilfrido Lucero, a center leftist, to replace a Gutierrez ally as the Congress president. Supporters of the ousted president protested in the streets calling for his return, but these protests were nowhere near the size of the demonstrations that brought him down. The US has not yet officially recognized the new government. Wall Street is concerned that the new government may tilt Ecuador away from the neoliberal policies Gutierrez implemented in South America’s fifth-largest oil producer and the region’s No. 2 petroleum exporter to the United States after Venezuela.
Ecuador Congress Meets for First Time After Ouster of President
HeadlineApr 27, 2005