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Economy

Foreign investments to generate 230 thousand jobs in Ecuador, says minister of Foreign Trade

Representatives from China, Ecuador, Japan, the United States, Canada, Switzerland, Spain, Australia, Russia, Chile, the United Kingdom and Germany attended the event to learn about projects such as the Rio Zamora-Santiago hydroelectric plant (located in the south-western side of Ecuador between Loja and Zamora Chinchipe), Cardenillo hydroelectric plant (located close…

Thursday, 29 March 2018 10:44

Ecuadorian economists demand less taxes and fiscal austerity

They suggested this plan to be focused on external competitiveness to increase exports and rejected the possibility of new taxes that would affect consumption and cause a fall in inflation.

Wednesday, 28 March 2018 09:26

Ecuador to present investment projects to representatives from 12 countries

Representatives from companies of Ecuador, China, Japan, the United States, Canada, Switzerland, Spain, Australia, Russia, Chile, the United Kingdom and Germany are expected to participate.

Tuesday, 27 March 2018 09:52

GSP positive but Ecuador needs a trade agreement with the U.S., say exporters

The Generalized System of Preferences will benefit nearly 840 Ecuadorian companies according to Ministry of Foreign Trade

Monday, 26 March 2018 09:58

US Congress passes GSP renewal for Ecuador until 2020

The Congress voted 65 to 32 to approve the Omnibus spending bill which includes GSP for 300 Ecuadorian products. The renewal is retrospective since January 1 since the system concluded last December 31.

Friday, 23 March 2018 10:59

EU will continue to strengthen ties with Latin America to face global challenges

EU ambassador to Ecuador, Marianne Van Steen talked about ties between the bloc and this region during a forum organized in Quito.

Thursday, 22 March 2018 11:55

Commercial flow between Ecuador and the EU increased by 20% in the last year, says Ambassador Marianne Van Steen

Interviewed by Andes Agency, EU ambassador to Ecuador, Marianne Van Steen, said bilateral relations “have never been as good” as they are now.

Thursday, 22 March 2018 10:31

Ecuador strengthens ties with Germany on its road to the Fourth Industrial Revolution

Ecuador and Germany signed Tuesday an agreement to implement policies and actions to promote the Fourth Industrial Revolution in the Andean country.

Thursday, 22 March 2018 13:44

Ecuador’s ambassador to China prioritizes exports, tourism and investment

Ambassador Larrea affirmed that the first edition of China’s International Import Expo, to take place in Shanghai in November, will be an opportunity to promote Ecuadorian exports to China.

Thursday, 15 March 2018 12:06

Ecuador gets $500m from new spot sales

With the third spot sale, the national government has nearly nine million oil barrels that account for 500 million dollars for the country, informed state-owned Petroecuador.

Thursday, 15 March 2018 09:57