The Ecuadorian State will be able to submit disputes arising from the enforcement of the Common Treatment Regime of Foreign Capitals and Trademarks, Patents, Licenses, and Royalties, to Arbitration Courts established under international treaties of which Ecuador is a Party.
Within the framework of its foreign investment policy, Ecuador aims at signing International Agreements that provide protection mechanisms against risks such as: inconvertibility of foreign currency, expropriation, political violence, and suspension of payments to agents abroad.
Concerning the protection of foreign investments, the Ecuadorian Foreign Office has been promoting the signing of bilateral Agreements for the Protection and Promotion of Investments. Several such Agreements have been recently signed: with the United States [August 27, 1993], Chile [October 27, 1993], Venezuela [November 16, 1993], Paraguay [January 28, 1994], Argentina [February 8, 1994], China [March 21, 1994], Great Britain [May 10, 1994], El Salvador [May 16, 1994], and France [September 7, 1994]; at the same time, similar agreements are being negotiated with several countries such as Germany, Belgium, Bolivia, Canada, Colombia, the Czech Republic, Denmark, the Dominican Republic, Finland, Japan, Korea, Kuwait, Malaysia, the Netherlands, Nigeria, Panama, Peru, Poland, Russia, Spain, Sweden Taiwan, etc.
Through these agreements, Ecuador intends to guarantee equitable and fair treatment to foreign investors, while at the same time establishing clear and precise standards in matters such as: repatriation of investments and profits, settlement of controversies, just and fair compensation in case of expropriation, interpretation and enforcement of agreements, etc.
