Ecuador
Vai alla Scheda Paese »There is nothing harder than the softness of indifference.
— Juan Montalvo
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Ecuador reports progress in free trade agreement negotiations with Costa Rica
Ecuador and Costa Rica have made significant progress in negotiations for a free trade agreement (FTA), Ecuador’s Minister of Production, Foreign Trade, Investment and Fisheries, Julio José Prado, announced on Wednesday. The official stated on his Twitter account that “significant progress” has been made, allowing to close 14 negotiation tables. ...
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Ecuador’s interest in opening an embassy in Portugal
Non-oil trade between Ecuador and Portugal has been favorable for the country in US$54 million between January and July this year: US$68 million were collected for exports, and US$16 million were paid for imports. In 2021, exports reached US$82 million, which meant an increase of 40% compared to 2020, according ...
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Ecuador to seek new IMF agreement next year, says President
The Ecuadorian government will try to reach a new agreement with the International Monetary Fund (IMF) next year as it seeks new financing after its bonds fall, which, according to President Guillermo Lasso, are "absurdly undervalued". "Next year, once this program concludes, we will do another one," said the Ecuadorian ...
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Ecuador and Paraguay agree to expand their economic and trade relations
The Foreign Ministers of Ecuador, Juan Carlos Holguín, and Paraguay, Julio Arriola, signed a Memorandum of Understanding in New York (USA) to promote the “complementarity of their production chains.” “Foreign Minister @juancaholguin and his Paraguayan counterpart Julio Arriola signed a memorandum of understanding to develop economic and trade relations between ...
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Ecuador: 74.1% of investments come from national capital
The company Vaschlabs signed an investment contract for US$1.2 million with the Ministry of Production. The objective of the Ecuadorian firm is to install new production lines in the province of Imbabura. In the first quarter of 2022, Ecuador approved 27 investment contracts. The 74.1% corresponds to the national capital ...
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The historic commercial relationship with the United Kingdom has favored Ecuador more
In 2021, non-oil trade between the two countries left a favorable balance of US$163 million for Ecuador. What does England buy the most from the Andean country? In 1839, Ecuador and the United Kingdom signed their first formal rapprochement: the Treaty of Friendship, Commerce and Navigation. This happened 113 years ...
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Ecuador reconoce responsabilidad internacional por cese de ex vocal electoral
El Estado de Ecuador reconoció este jueves ante la Corte Interamericana de Derechos Humanos su responsabilidad internacional por el cese del ex vocal del Tribunal Supremo Electoral Carlos Julio Aguinaga Aillón, ocurrido en el año 2004.
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Ecuador’s agriculture affected by weather variations
Prolonged droughts, low temperatures, and heavy rains affected Ecuadorian agriculture between January and August 2022. This phenomenon was felt especially strongly in the Inter-Andean region and part of the Ecuadorian coast. These abrupt temperature changes are attributed to the possible influence of the La Niña current, which has been warned ...
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Sánchez traslada a Lasso el compromiso de las empresas españolas con Ecuador y su apoyo para incrementar inversiones
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Lasso veta reformas a Ley de Comunicación: ‘No reviviremos una ley mordaza’
El presidente de Ecuador, el conservador Guillermo Lasso, vetó este miércoles de manera parcial las reformas a la Ley de Comunicación aprobadas recientemente por la oposición en la Asamblea Nacional, al considerar que promulgarlas sería una “mordaza” para la libertad de expresión.
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Ecuador expects free trade agreement with China this year
The Minister of Production, Foreign Trade, and Investment, Julio José Prado, affirmed on Wednesday, August 17, at the presentation conference of the XV China-Latin America and the Caribbean (China-LAC) Business Summit that they are confident of closing a free trade agreement (FTA) with China this year. In . . . ...
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La CSJ avala iniciativa de ley que protege cuenca del río Santa María
El pleno de la Corte Suprema de Justicia (CSJ) declaró que “no es inexequible” (no es inconstitucional) el proyecto de ley 171, que declara patrimonio nacional y área protegida la cuenca del río Santa María, la cual atraviesa Veraguas, Herrera y Coclé.
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The USA identified six obstacles to investment in Ecuador
The U.S. State Department conducted an assessment of the investment climate in Ecuador, and while it highlights fiscal sustainability and the attempt to maintain a favorable environment for foreign investment, it also mentions six challenges that must be urgently addressed to improve the country's outlook, which are: Reputation as a ...
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Mexican cartels spread their tentacles throughout South America
The Mexican cartels are expanding their activities in South America. The criminal organizations buy and trade cocaine through connections established in several countries to distribute it in the United States and Europe. In Colombia, the
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Colombiamoda 2022 cerró con un balance positivo y una asistencia histórica
“En negocios, hemos tenido la oportunidad de contar con más de 11 mil compradores, de los cuales hay que rescatar mil 400 internacionales, de 47 países y con delegaciones importantes de Estados Unidos, Costa Rica, Panamá y Ecuador”, dijo el presidente ejecutivo del Instituto para la Exportación y la Moda, ...
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Ecuador and Chile relaunched their commercial relationship with new agreements
Ecuador and Chile presented their new Economic Complementation Agreement, a trade integration instrument between the two countries which, although it entered into force in May of this year, had not been socialized. According to the Ecuadorian Production Ministry, this instrument modernizes the 27-year-old trade relationship between the countries and . ...
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Ecuador prepara una ley de acceso gratuito a productos de higiene femenina
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Ecuador rushes free trade agreement with China amid buoyant trade relationship
The negotiation of a free trade agreement (FTA) between China and Ecuador comes precisely when non-oil, non-mining exports to the Asian country register a significant rebound. In the first quarter of the year, Ecuadorian sales to China grew 100%, according to information provided by Fedexpor. National shipments . . . ...
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Ecuador’s 10 largest companies
RIO DE JANEIRO, BRAZIL - For the second consecutive year, Corporación Favorita and Corporación El Rosado are in first and second places among the largest companies in Ecuador, with sales revenues of US$2.2 billion and US$1.3 billion, respectively. Both companies have a similar line of business; they are conglomerates of ...
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Emirates diz ser “inegável” a importância da construção de um novo aeroporto de Lisboa
"Eu acho que um novo aeroporto acaba sempre por ajudar todos, acho que é inegável até para o próprio país e claro que a Emirates podia beneficiar disso", admitiu David Quito.
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Parlamento de Ecuador abre investigación sobre las posibles vulneraciones de derechos humanos durante las protestas
El Parlamento de Ecuador aprobó una investigación que busca “establecer la verdad” sobre las eventuales vulneraciones a los Derechos Humanos durante las movilizaciones que tuvieron lugar en el país a causa de la inflación y el alto coste de la vida.