South

This document analyzes the renegotiation process of oil and gas contracts in two Latin American countries, Bolivia and Ecuador, from 2003 to 2010 and the measures taken for sectorial policy reform in the hydrocarbon sector and our conclusions are that it has been favourable.

The defence of national sovereignty, like its critique, leads to serious misunderstandings once one detaches it from the social class content of the the strategy in which it is embedded. The leading social bloc in capitalist societies always conceives sovereignty as a necessary instrument for the promotion of its own interests based on both capitalist exploitation of labour and the consolidation of its international positions.

La défense de la souveraineté nationale, comme sa critique, donne lieu à de graves malentendus dès lors qu’on la détache du contenu social de classe de la stratégie dans laquelle elle s’inscrit. Le bloc social dirigeant dans les sociétés capitalistes conçoit toujours la souveraineté comme un instrument nécessaire pour la promotion de ses propres intérêt