Monday, September 25, 2023

Ecuador expects the US to provide USD 2.3 billion

Ecuador and the United States signed a memorandum of understanding to deal with drug trafficking. The US Congress must decide on the funds every year, until 2030.

In July 2023, after almost a year of negotiations, Ecuador and the United States signed a cooperation agreement on FACE al drug smuggling.

The official document is still reserved, however Luis Lara Minister of Defense, reveals some details the way in which this cooperation works. Ecuador is asking for help from the United States because most of the drugs that pass through the country go to the United States.

The previous steps

According to Lara, this process started on May 25, 2022. On that day, the State and Public Security Council (Cosepe) recognized drug trafficking as a threat to the State.

After this declaration, Ecuador began to develop the Strategy for Security and Peace, which brought a diagnosis of military capabilities that the country has at that time to face this threat and the goals of Strengthening those capabilities.

Finally, in September 2022, the Strategy was approved and presented to the United States by several authorities who visited Ecuador.

This Strategy is the basis of the Memorandum of Understanding on Security Matters between Ecuador and the United States They signed in July 2023. The document consists of 169 goals which must be fulfilled until 2030 for the country to deal with drug trafficking.

Not money, but resources

Minister Lara clarified that the signing of this Memorandum This does not mean that the United States will give money to Ecuador for the fight against drug trafficking, but that cooperation takes place in four lines:

  • Exchange information
  • Capacity building
  • Training and qualification
  • Delivery of equipment and materials

That is, the United States does not spend money, but if deliver military equipment, information and train uniformed personnel Ecuadorians. For this, resources will be channeled through bilateral projects that are being implemented.

the investments estimated for both countries at USD 3.5 billion up to 20230. In this amount, Ecuador will put in USD 1,200 and others (USD 2,300) which is equal to deer as long as he Congress makes a living resources for bilateral projects.

Each year, the United States Congress must approve these resources. Lara clarified that this process, which started after the signing of the agreement, will take about two years. So the first one samples from cooperation they will come at the end of 2024 and start in 2025.

Lara added that the Memorandum does not create legal rights or obligations. It can be used by countries in accordance with their national laws and actions are subject to the availability of funds in each country.

In the case of Ecuador For example, the FF. AA. they receive between USD 90 and 150 million annually for military investment. So, until 2030, there will be USD 1.2 billion which is the investment expected to be made in the fight against drug trafficking.

Nation World News Desk
Nation World News Desk
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