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The Government will exploit more fields in Yasuni

Ecuadornews:     The decision was already taken. The government of Lenin Moreno will exploit more oil fields in the Yasuní natural park. This year, according to the authorities, the work of the first phase will begin in Tambococha. So far, the public oil company...
Posted On 02 Jun 2017
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“We are working on trade agreements with Korea, Japan and India”

Ecuadornews:     Foreign Trade Minister Pablo Campana said that the main challenge he faces is working in conjunction with the private sector. In addition, resources are sought to settle outstanding incentives with exporters. And mechanisms are analyzed to deduct the...
Posted On 02 Jun 2017
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Water jets to welcome the arrival of Dynamic International Airways

Ecuadornews:     A traditional water arch welcomes ships that open a new route. Dynamic’s charter flight came from New York, with a group of passengers, journalists, and executives from the US airline, expectant to establish in the city. After landing in...
Posted On 02 Jun 2017
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The Quito Cables project is a priority for Mauricio Rodas

Ecuadornews:     During a public accountability act, held on Wednesday, May 31, the mayor of Quito Mauricio Rodas reported that the Quito Cables system “will be a reality.” Rodas mentioned that the importing process of the electromechanical equipment...
Posted On 02 Jun 2017
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The wall of the linear park generates unease on the Ecuador – Peru border

Ecuadornews:     A large wall that forms part of a linear park is taking shape along the international channel of Zarumilla. Its height looks more like a barrier that prevents to see what happens in Huaquillas and Aguas Verdes, the Peruvian population on the southern...
Posted On 02 Jun 2017
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The opposition takes the lead

Ecuadornews:     Making laws is not easy nor quick. Albeit, the opposition ‘takes the lead’ in submitting bills. The three opposition teams: the Social Christian-Madera de Guerrero Party (PSC-MG), the CREO-SUMA coalition and the National Integration bloc,...
Posted On 02 Jun 2017
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Ecuador: no progress in the Odebrecht case

Ecuadornews:     The key day in the Odebrecht plot finally arrived: the release of judicial information in Brazil. The date, expected by the Ecuadorian political class, has resulted in mere symbolism. At the end of the day, Ecuador remains on tenterhooks like 162 days...
Posted On 02 Jun 2017
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The Ministry of Finance would have paid the Central Bank with ‘CFN and Pacifico’ stocks

Ecuadornews:     After several legal changes and financial movements, the Central Bank of Ecuador would have become the new owner of the National Financial Corporation (CFN) and Banco del Pacifico. This, after the Government paid part of an obligation with the Central...
Posted On 02 Jun 2017
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The VAT tax lowered; More merchandise arrives at the port of Guayaquil

Ecuadornews:     Products such as fruits, clothing, footwear and others that are part of the list of imported products began to be cleared since yesterday, without paying any surtaxes. A ship with 179 containers from Belgium, Germany, and Panama docked at the port of...
Posted On 02 Jun 2017
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Moreno makes official the invitation to an anti-corruption front

Ecuadornews:     President Lenin Moreno has made official his invitation to 13 citizens to form the “Front of Transparency and Fight against Corruption.” The list would include Xavier Zabala, Pablo Vanegas, Fabián Corral, Monseñor Fausto Trávez, Pabl...
Posted On 02 Jun 2017
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