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Chamber of Industries seeks to extend the remission term

Companies of the Pichincha province, represented by the Chamber of Industries and Production, requested to the Commission on Economic Regime of the National Assembly, which is currently processing the draft Organic Law on Remission of Tributary Interests, Fines and Charges, an...
Posted On 07 Apr 2015
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Elimination of safeguards on wheels of light vehicles was analyzed according to Minister

In his weekly address No. 418, President Rafael Correa gave the order to eliminate the safeguard measures that established a surtax of 25% for light vehicle tires which are imported into the country. So Patricio Rivera, Coordinating Minister for the Economic Policy, justified the...
Posted On 07 Apr 2015
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The country still has to pay 3 from 10 installments by the purchase of 7 Dhruv helicopters

The country must still pay 3 installments from the 10 established by the purchase of seven Dhruv helicopters, Indian-made, four of which have crashed. The deadline to settle this debt is 3 years. The total value for the purchase of the aircrafts was $ 45’200.000, whose...
Posted On 07 Apr 2015
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Alert by El Niño phenomenon

The presence of El Niño phenomenon in the country is a matter of concern for the International Center for Research of El Niño Phenomenon (CIIFEN for its Spanish acronym). According to Eduardo Zambrano, oceanographer at the center, this current has been forming since the previous...
Posted On 07 Apr 2015
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