Ecuador renounced trade benefits which the US threatened to revoke over the Latin American country’s consideration of harboring NSA leaker Edward Snowden. It offered $23 million a year to fund human rights education for Americans instead.

The government of leftist President Rafael Correa came up with an angry response on Thursday after an influential US senator said he would use his leverage over trade issues to cut preferential treatment of Ecuadoran goods at the US market, should Ecuador grant political asylum to Snowden.

"Ecuador will not accept pressures or threats from anyone, and it does not traffic in its values or allow them to be subjugated to mercantile interests," government spokesman Fernando Alvarado said at a news conference.

He added that Ecuador is willing to allocate $23 million annually, an equivalent of the sum that it gained from the benefits, to fund human rights training in the US. It will "avoid violations of privacy, torture and other actions that are denigrating to humanity," Alvarado said.

US Senator Robert Menendez, who heads the Foreign Relations Committee in the Senate, said this week that Ecuador risks losing the benefits it enjoys under two trade programs because of its stance on the NSA whistleblower.

"Our government will not reward countries for bad behavior," he said.

The US is Ecuador’s prime trade partner, with over 40 percent of exports going to the US market.

Both programs were due to expire by the end of next month and were subject to congressional review. Before the Snowden debacle arose, the US legislature was expected to scrap one of them while renewing another one.

Snowden has applied for political asylum, hoping to find protection from American prosecutors, who charged him with espionage over his leaking of classified documents on US surveillance programs.

He is currently thought to be staying in the transit zone of a Moscow airport. He became stranded in the Russian capital after arriving from Hong Kong, because the US annulled his travel passport as part of its effort to get him to American soil for trial.