ECUADOR DEMARCHE RESPONSE: IMPLEMENTING UNSCR'S ON

C O N F I D E N T I A L QUITO 001046 SIPDIS ISN, T, TREASURY, NEA/IR E.O. 12958: DECL: TWENTY YEARS TAGS: PREL EFIN MNUC PARM KNNP IR EC SUBJECT: ECUADOR DEMARCHE RESPONSE: IMPLEMENTING UNSCR'S ON IRAN REF: A. STATE 105173 ¶B. STATE 114408 ¶C. QUITO 301 ¶D. QUITO 777 ¶E. QUITO 791 Classified By: DCM Andrew Chritton for Reasons 1.4 (b&d) ¶1. (C) PolOff delivered text of UNSCR 1835 and Ref A and B points to the MFA Multilateral Affairs Directorate on October 28 and followed up with Multilateral Affairs Director General Lourdes Puma on November 4. Puma reiterated that the GOE maintains its position of supporting the UN Security Council and non-proliferation, as well as the dual-track strategy as reconfirmed in UNSCR 1835. When PolOff inquired as to government support for trade with Iran (Ref A),Puma confirmed that Ecuador has not provided any such support to individuals or businesses involved in trade with Iran. ¶2. (C) PolOff informed Puma of the U.S. designations under E.O. 13382 of the Export Development Bank of Iran (EDBI) and its additional financial entities (Refs B thru D). When Puma countered that this was a unilateral action, PolOff stressed that the designations are in accordance with obligations in Paragraph 10 of UNSCR 1803 and follow Financial Action Task Force Guidance of October 17 on the implementation of the financial provisions of the resolution. PolOff provided a copy of the guidance. ¶3. (U) In addition, on November 6, EconOff delivered Ref B points to the Secretary General of the GOE Superintendency of Banks. The Superintendency of Banks oversees commercial banks in Ecuador and distributes this type of information to the wider banking community in Ecuador. Post has not yet received any replies, but will inform the Department of any substantive information it receives regarding the designated entities. HODGES