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IPFS News Link • Ecuador

Ecuadorian govt agrees to repeal austerity law -


The Ecuadorian government has agreed to terminate Executive Decree 883, which canceled fuel subsidies and prompted protests throughout the country for 11 days. Indigenous groups have agreed to discontinue the rallies.

Negotiations brokered by the UN kicked off as the country's capital Quito began to resemble a war zone after protests and clashes with police. President Lenin Moreno even left the capital for a short time, moving the government as protesters ransacked administrative buildings.

The parties agreed to create a commission to develop a new decree repealing the one that led to the discontent. 

President Moreno said that the agreement included "sacrifices from each of the parties."