No need to worry — it’s old news.
A story by The Associated Press picked up by a number of major media outlets this week seems to have come out of nowhere to rehash old news about the U.S. Agency for International Development’s programs in South America, albeit somewhat misleadingly.
USAID was in negotiations with Ecuador’s government for two years over the terms of a bilateral cooperation agreement.
With little progress toward reaching a consensus, and with the Ecuadorian government’s refusal to approve new USAID programs without such an agreement in place, USAID — not Ecuador — decided to cancel $32 million in planned aid to the South American country and close its doors later this year, as Devex reported last December.
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