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...

Government seeks the commercialization of fifteen thousand electric vehicles per year in the country

The Government would aim that the sales of electric cars reach 15,000 units per year nationwide and therefrom it is expected to install factories to export to the region, said on Thursday the Coordinating Minister of Production, Richard Espinosa. Last week, the Minister signed an...

Import quotas for cellphones that telephone companies maintain would be made more flexible

Until March is expected to define the policy to ease the cell phones import quota system for mobile companies, said the Coordinating Minister of Production, Richard Espinosa. “We have a month and a half to define the policy we will make more flexible,” said the...

Ecuadorian Government celebrated eight years in power in entrepreneurship fair

The Government indicated that education, knowledge, creativity and innovation are the issues it will be support during this 2015, which has been called the ‘Year of Innovation.’ Yesterday in the City of Knowledge, Yachay, the Innopolis fair began, in which government...

Import quotas for cellphones is extended until March

The Government decided to extend for three more months the quotas on imports for cellular phones, said yesterday the Minister of Production, Richard Espinosa. The authority did not comment on whether smartphones would be included in the decision. Those three months, said...

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...

Committee of the Assembly is concerned by statements of Minister Richard Espinosa

Assemblymen of the Commission on the Rights of Workers of the National Assembly who are working on the Labour Code draft, yesterday reacted over the possibility of the Executive to submit a new project, as they keep working in another one. “The Labour Code that has absolute...
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