Correa analyzed foreign trade issues with Ecuadorian entrepreneurs

Yesterday, an appointment to discuss the regulation of foreign trade and productivity was held in Carondelet. Entrepreneurs of the exporter, industrial and trade sector talked with President Rafael Correa, Vice President Jorge Glas and the Ministers of the Economic Area. Correa...

$35 K is the limit for electric vehicles to not pay taxes

Only electric vehicles imported that have a cost of up to $ 35,000 will be fully exempt from duties and taxes, indicated the Minister of Production Richard Espinosa. Espinosa explained that these vehicles will be “exempt from all, 0% duty, 0% special consumption tax, 0% VAT...

Goal of import substitution exceeds for 2014

The Minister of Production, Richard Espinosa, said that about 900 million USD have been replaced in imports from January to the current date. Espinosa explained that the goal of replacing purchases, which was established for USD 840 million for 2014, was overcome. According to...