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US warns Ecuador over Snowden case With Possable Trade Acts!

 
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06/26/2013 10:51 PM
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US warns Ecuador over Snowden case With Possable Trade Acts!
Robert Menendez, the chairman of the US Senate Foreign Relations Committee said on Wednesday, that he would seek to end the preferential treatment for Ecuadorean goods if the South American nation offers political asylum to Edward Snowden.

Menendez said he would lead the effort to prevent the renewal of Ecuador's duty-free access to US markets under the Generalized System of Preferences program, and also to block the renewal of the Andean Trade Promotion and Drug Eradication Act, both fo which expires at the end of next month.

Ecuador exported $5.4 billion worth of oil, $166m of cut flowers, $122m of fruits and vegetables and $80m of tuna to the US under the Andean trade program in 2012.

[link to www.aljazeera.com]

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