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Published: Tuesday 16 July, 2013

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Ecuadors decision to study the asylum petition of US intelligence leaker Edward Snowden has sparked fears the US could retaliate by hitting Ecuadoran exports.

The small South American nation has been at the centre of the wear store online international drama involving the former National Security Agency contractor, whose global flight from American justice has shaken US ties with a clutch of nations including Russia and China.

Business leaders fear that giving Snowden asylum could prompt the US to take retaliatory measures, with a preferential trade deal set to expire at the end of July unless Washington renews it.

What would we gain from giving political asylum to Snowden confirming Ecuadors international image as an antiimperialist country? I dont think we need that, the head of the Ecuadoran Business Committee, Roberto Aspiazu, has told AFP.

The US is Ecuadors main trade partner, buying 40 per cent of the Andean nations exports, or the equivalent of $US9 billion $A9.7 billion per year.

Snowden was believed to wear store online have been on his way to Ecuador when he left Hong Kong and landed in Moscow on Sunday. Russian President Vladimir Putin says he is still in the transit area of the Russian airport, though free to leave. wear store online