Ecuadorian President Lenin Moreno and indigenous peoples leaders have agreed to lift a controversial austerity package and end protests that paralyzed the economy and kill seven people for nearly two weeks Moreno is arrested on Sunday (Monday, 03.00 GMT) before 22.00 clock withdraw the package of the International Monetary Fund (IMF), which triggered a sharp rise in prices for gasoline and diesel fuel by subsidies were canceled their supporters to end days of protests and roadblocks.
The two sides say they will work together to develop a new package of measures aimed at cutting government spending, increasing revenues, and reducing Ecuador's budget deficits and public debt in the country's capital after what he said , an "unexpected" deal was announced.
"This is certainly good news and hopefully it means lasting peace for the streets of Quito and the rest of the country." The government has formed a commission with indigenous groups to assist in deciding the next steps to solve the country 's economic problems President of the Confederation of Indigenous Peoples, Jaime Vargas, called for the immediate lifting of Moreno's October 1
"This is not a claim of indigenous peoples, it is the claim of the land," Vargas said. "We did not come to form negotiation commissions."
Protests against the austerity package have blocked roads, forced the closure of farms from dairies to flower farms and halved oil production and cut exports.
In a layer of English: www.germnews.de/archive.cfm /dn/1996/03/27.html As the hot language of the last 10 days of protest, both sides praised each other's willingness to talk as they stated their bargaining position in the first hour before a brief pause later declared that a new one was taking into account the demands of the demonstrators Decree
"Al les must aim to stabilize the country, to stabilize our badly deteriorated budget situation. Basically, our agreements must aim at solving problems.
Further protests in Quito
Before the meeting on television, hundreds of black-robed riot police drove demonstrators from Arbolito Park in northern Quito, the epicenter of protests in the surrounding streets.
Friday filled with mostly peaceful demonstrators singing against the government.
Protests against the rise in fuel prices paralyze Ecuador.
But on Sunday afternoon, the air was white from the smoke of burning tires and tears after more than 24 hours of litigation between police and hardcore protesters armed with sharp sticks and improvised shields of satellite bowls or plywood.
Young men from Ecuador's indigenous minority and mixed race, or majority of mestizos, walked in the streets under the eyes of the police and a few dozen soldiers 1,340 were injured and 1,152 were arrested during the protests
The government loosened a 24-hour curfew imposed on Saturday that allowed people to move freely around the capital from 11am to 8pm local time.
The protests have attracted thousands of Ecuadorians from outside the indigenous minority, and many said they would continue demonstrating despite the negotiations.
Ecuador, a former OPEC member, was deeply indebted to a decade of high spending by former President Rafael Correa's previous administration, compounded by the international decline in oil prices.
Moreno wants to raise taxes, liberalize labor laws and cut public spending to obtain more than $ 4 billion in emergency funding from the IMF.
As part of this plan, Moreno sought to eliminate fuel subsidies that shipped the most popular types of gasoline from $ 1.85 to $ 2.39 per gallon and diesel from $ 1.03 to $ 2.30.
] Panic and speculation raised prices, more than doubling the cost of some products.
The country's Amazonian oil fields have been protested against installations that some government officials have called attacks, stopping or slowing down production.
Ecuador produced 430,000 barrels of oil per day, but that had dropped to 176,029 barrels by Sunday, said an official of state oil producer Petroamazonas, who spoke on condition of anonymity because they were not authorized to release the information.
The decline in production has led to a loss of approximately $ 14 million a day, the official said.