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The model of import substitution (ISI), which proposes tariff measures and seeks the promotion of the local industry, also known as the model cepalino by its diffusion through the ECLAC (Economic Commission for Latin America and the Caribbean), was applied in Ecuador and Latin...

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The Federal Trade Commission (FTC) has issued a sanction to Apple for a minimum of $ 32.5 million, after allowing minors to download applications with their parents’ accounts, without proper warning. The billionaire company Apple promised to change its billing policy, after...

Before  the project of import substitution promoted by the government, companies like Fadesa, Industrias Ales and Pica have been proposed to increase its local production to supply demand inside Ecuador. This, after the Foreign Trade Committee increased import requirements for...

Several sectors of the market have been alarmed after the Government’s decision to demand new requirements for importing 293 products, including processed foods, cosmetics, toys, ceramics, televisions, raw materials, etc. This, due to the concern that such decision from the...

Because the current corn and soybeans in Ecuador are resulting in low production, the country had to import a total of $ 400 million in 2013, to meet the demands. $ 327 million in soybeans and $ 73 million in corn, according to the Central Bank of Ecuador (BCE for its Spanish...

Google introduced a new feature of its browser, Chrome, which reduces data consumption by 50%. Chrome updates serve both for mobile phones that work with Android system and for those who has Apple’s iOS. On the note of explanation, Google says: “when it is enabled,...

Gustavo Petro, the current mayor of Bogota, achieved last Tuesday that his prohibition to hold a public office for 15 years, be suspended for the moment, thanks to a court decision that gave him at least 10 days more in power. The Attorney General’s Office, than in Colombia...

In an interview for news agency EFE, the Minister of Foreign Trade, Francisco Rivadeneira, said Ecuador will negotiate with the European Union (EU,) a trade agreement better than the one subscribed with Colombia and Peru. In this context, he stressed that these treaties will be...