Kluwer: Did Ecuador Just Renounce International Arbitration? The Aftermath of a Complex Referendum

Published on June 22, 2024

By David Toscano (Tadir Dispute Resolution), Gabriela Ortega (Tadir Dispute Resolution) and Sebastian Arrieta (Tadir Dispute Resolution)

The Ecuadorian government held a referendum and a public consultation on 21 April 2024. Question D of the referendum asked citizens: “Do you agree that the Ecuadorian State recognizes international arbitration as a method to resolve disputes related to investment, contractual, or commercial matters?” (free translation). The substantive proposal of the question was merely based...