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Sensitive issues in the Ecuador- United States appointment

Ecuadornews: Investmentissues, intellectual property and the trials in which US companies are immersedare some ‘sensitive issues’ that Ecuador and the United States will discuss inWashington in the Council of Commerce and Investments (TIC, for its acronym inEnglish)....
Posted On 12 Nov 2018
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Banco del Pacífico sold its subsidiary in Panama

Ecuadornews: After five years of negotiations, last Wednesday, the sale of Banco del Pacífico to Panama S.A. The bank, which was owned by Banco del Pacifico S.A., of Ecuador, now belongs to an investment group. The sale of the institution in Panama responds, according to a...
Posted On 12 Nov 2018
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The third revolution of the great Ecuadorian cocoa arrives

Ecuadornews: TheUniversity of British Colombia confirmed a few weeks ago something that manyyears ago Sergio Cedeño from Guayaquil, a member of the Academy of History,assured him. The prestigious center discovered in the Amazon traces of cocoamore than 5,300 years ago. Bu...
Posted On 12 Nov 2018
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New investment will have special employment contract

Ecuadornews: The Government develops a new work modality. According to Labor Minister Raúl Ledesma, it is a contract for investment plans. Withoutgoing into greater detail, he mentioned that those companies that generate newjobs will have special contracting modalities....
Posted On 09 Nov 2018
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Subsidies to fuels will not be reduced in 2019

Ecuadornews: The government plans to disburse $ 4,176 million. The Deputy Minister of Finance informed that there are still no dates to analyze a possible targeting. The announced targeting of the subsidies that the State gives to fuels will remain on hold. Thegovernment decided...
Posted On 09 Nov 2018
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The CAF calls to reduce informality to improve productivity

Ecuadornews: Theeconomic lag in Latin America is mainly due to a very low productivity, ratherthan a strong concentration of resources in particularly low-yield sectors. Itis one of the findings of the diagnosis made in the Report of Economy andDevelopment (RED 2018), presented...
Posted On 08 Nov 2018
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Investment banking bails out the country

Ecuadornews: TheGovernment manages to finish 2018. Last Wednesday, the Ministry of Economy andFinance (MEF) reported that it obtained 1,185 million dollars through fivecredits. Thelargest lender of fresh resources, whose disbursement already entered onOctober 31 to ‘the...
Posted On 08 Nov 2018
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The Government will encourage the production of dairy products in the 24 provinces

Ecuadornews: Producersask for campaigns of internal consumption, ease of exporting, changing theconception of the product and improving the labeling. Undertake strategies toincrease the milk intake nationwide and boost the export of surplus milkproduction were two of the four...
Posted On 08 Nov 2018
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Ecuador must eliminate 90% of tariffs with Mexico

Ecuadornews: Thenational government hopes that between January and February of next yearnegotiations with the Pacific Alliance will start, so that the bloc considersaccepting Ecuador as an associated State. One of the first steps that the country must take is to eliminate tariffs...
Posted On 08 Nov 2018
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Government of Ecuador calculates debt of up to 55.2% by 2022

Ecuadornews: Quito - The Government sees an increasing behavior of the debt to 2022.According to the analysis on the sustainability of the public debt thatconsists in the Cuatrianual Programming in a “stress scenario”, thepublic debt (external debt and internal debt)...
Posted On 07 Nov 2018
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