New Ministers of Foreign Trade and Housing were appointed

President Rafael Correa, through Executive Decree 585, appointed the replacement for Francisco Rivadeneira, former Minister of Foreign Trade. Diego Aulestia Valencia will be responsible for taking that position, while Maria de los Ángeles Duarte will be the new Minister for Urban...

Trade Minister announces his dismissal

The Minister of Foreign Trade, Francisco Rivadeneira, announced yesterday on his Facebook page that he is not part of the cabinet of Ministers since today. Rivadeneira said: “I want to share with you that this morning I was informed I will not be part of the presidential...

Minister announces replacement of safeguard to Colombia and Peru by multilateral measure

The Minister of Foreign Trade, Francisco Rivadeneira, said yesterday that the customs safeguards imposed on imports from Colombia and Peru will be eliminated this month, which would be replaced by multilateral tariff measures under the framework of the World Trade Organization...

Government considers that an agreement on safeguards would be close

The Minister of Foreign Trade, Francisco Rivadeneira, said they have almost reached agreements with Colombia and Peru on the implementation of safeguard measures, applicable since January 5th. This announcement was made during an interview with Democracia Radio, after two weeks...

Ecuador seeks the extension of tariff benefits with the EU

The Minister of Foreign Trade, Francisco Rivadeneira, encourages in the European Union the regulation that would extend tariff benefits to Ecuador for two more years. On December 31, 2014 expires the General System of Preferences Plus (GSP +), which the European bloc extends to...

Expectation by agreements to be reached with the EU

The Second Round of Negotiations between Ecuador and the European Union (EU) completed its third day of meetings with a good degree of flexibility and willingness of negotiators to compromise on different topics that are discussed according to the Ministry of Foreign Trade of...
Minister Rivadeneira

Balance of payments is in deficit because of lower oil prices

The Minister of Foreign Trade, Francisco Rivadeneira said in an interview with the official journal El Ciudadano, that oil revenues may not cover the deficit forecast for 2013 in the balance of payments. This is due to a lower tendency of the Ecuadorian crude barrel in the...