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The Foreign Ministry of Ecuador and the Maritime Port Cooperation Project ( Seacop V ) of the European Union (EU) signed a memorandum of understanding on May 31, 2022 in the fight against illicit maritime traffic. Ecuadorian Foreign Minister Juan Carlos Holguín and the director...

Borrowing to cover day-to-day expenses decreases people’s ability to save in Ecuador; interest ‘eats’ the income that could be used for savings. The majority of Ecuadorians cannot save and do not have proper management of their expenses and their debts,...