The proposal, sent by the government with an urgent economic nature, will be analyzed in plenary session.
According to advances, the benches are divided between some that promote the approval of the regulations and others against.
In this regard, the Democratic Left party indicated that it will not support the Investment Law, since it does not benefit Ecuadorians and the many current social and economic problems.
“Our country needs a Law that encourages investment and public-private partnerships, with the contribution of society and enriched by debate. By sending the executive, urgently, the bill took away from the country the opportunity to contribute and debate its content,” the political movement said in a statement.
For its part, the Unión por la Esperanza caucus also disagrees with the legal proposal that, in its opinion, mainly seeks to strengthen the bench’s work.
We are not happy or satisfied with the report that will go to the second debate and that is why our bench rejects the project, assured parliamentarian Ronny Aleaga.
Outside the legislature, some social sectors and economic experts agree that it is directed towards big capital.
On his side, from the Executive, the spokesman for the presidency, Carlos Jijón, affirmed that the initiative aims to attract around 30 billion dollars in foreign investment and includes the creation of free zones, which will allow the generation of employment.
For the legal body to be approved, at least 70 of the 137 possible votes of the legislators are required.
The second report, prepared by the Legislative Commission for Economic Development, made changes basically in relation to Public-Private Partnerships, one of the five central points of the project, which also includes the stock market, free zones, the financial sector and digital transformation. .
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