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Energy Evolution, the plan of the National Government, with the support of the Inter-American Development Bank (IDB), was launched this Thursday, May 11, 2023. What does it consist of? It is an energy transition plan in the Galapagos Islands. Seeks to reduce greenhouse gas...

Ecuador y China firmaron acuerdo comercial el 10 de mayo de 2023. China es el primer destino de las exportaciones ecuatorianas no petroleras y no mineras. The Minister of Production of Ecuador, Julio José Prado; and his Chinese counterpart, Wang Wentao, signed a trade agreement...

Ecuador exchanged USD 1,630 million in sovereign bonds for a credit of USD 656 million. The capital saved will be used for conservation plans for the Galapagos. With the bond swap operation , announced by the Government on May 9, the principal of Ecuador’s external debt in...

A court of the National Court of Justice (CNJ) individualized the financial penalties that the eight sentenced in the Odebrecht case must pay. Those involved were sentenced to six years in prison in December 2017 after being tried as the direct perpetrators of the crime of...

The Government canceled or subtracted USD 1,630 million of its external debt in bonds through a purchase operation carried out by Credit Suisse. Ecuador completed an exchange of external debt into bonds that will allow it to allocate resources for marine conservation in the...

Vehicles from China will have a tariff reduction period of 15 years, after the entry into force of the trade agreement with Ecuador. Ecuador’s imports from China totaled USD 6,165 million in 2022. The range of products is wide, among the main ones are cars and electronic...

The National Institute of Meteorology and Hydrology (Inamhi) warned that for this Monday, May 8, 2023, ultraviolet radiation will be extremely high in the provinces of Pichincha, Imbabura, Santa Elena and a large part of Manabí. This means that citizens must protect themselves...

More than 37 million doses of drugs were withdrawn from the market after an operation carried out by personnel from the investigative axis of the National Police. The operation was carried out in the Metropolitan District of Guayaquil, which also allowed the arrest of three...

A three-year investigation carried out by European authorities confirmed that the Albanian mafia operates in Ecuador to traffic cocaine to the old continent. The ‘Eureka’ operation dismantled the ‘Ndrangheta’, one of the four Italian families dedicated to...

Credit Suisse will buy sovereign bonds from Ecuador that are equivalent to USD 1.630 million. These bonds will be subtracted from Ecuador’s foreign debt. The European bank Credit Suisse announced on May 4, 2023 that it will buy sovereign bonds of the Ecuadorian State,...