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Fourteen law firms receive $ 80 million for defending the Ecuadorian State

Ecuadornews: “I hope you do well!” The phrase, which drew applause on Rafael Correa’s Saturday’s broadcasts, cost millions. The officials of the Attorney General and the external lawyers hired for the defense of the State in the courts and international...
Posted On 29 Oct 2018
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At $ 6.30 banana box for 2019

Ecuadornews: Through the Ministerial Agreement 135 of last Friday, the Ministry of Agriculture and Livestock (MAG) set for 2019 at $ 6.30 the minimum support price of the banana box from 41.5 to 43 pounds, which corresponds to the 22XU box, equivalent to 0.1518 per pound, for...
Posted On 29 Oct 2018
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The country’s tourism sector turns on the promotion alerts

Ecuadornews: We are working on the creation of a fund which purpose is to “sell” to Ecuador abroad and participate in international fairs, since 2017 they stopped receiving $ 60 million for the “eco delta” tax. The idea is to increase the flow of visitors...
Posted On 29 Oct 2018
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Discontent for the value of export bananas

Ecuadornews: The Ministry of Agriculture ordered the payment of $ 6.30 for the fruit box.  The producers asked $ 7.05 and the exporters to keep the price of $ 6.20. The ministerial agreement 135, which set the price of $ 6.30 for the export banana box next year, will allow...
Posted On 29 Oct 2018
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Peru supports including Ecuador in the Pacific Alliance

Ecuadornews: In the framework of the Ecuador-Peru Presidential Meeting, President Martín Vizcarra expressed that they will support the incorporation of Ecuador to the Pacific Alliance, which he described as a “dynamic mechanism of regional integration.” “We...
Posted On 26 Oct 2018
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Mining gives a break to foreign investment

Ecuadornews: If it were not for mining, Foreign Direct Investment (FDI) would have ended the semester with numbers in red. The official figures show that of the 529.9 million dollars that Ecuador managed to receive in the first half of the year, 273.9 million arrived in this...
Posted On 26 Oct 2018
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Commission recommends dismissing Norma Vallejo for illegal charges

Ecuadornews: The Multiparty Commission in charge of investigating the Assemblywoman of Alianza País (AP), Norma Vallejo, for illegal charges to ex-advisors, recommended to the Plenary the dismissal of the Legislator. The commission formed by Eliceo Azuero (BIN), Ana Galarza...
Posted On 26 Oct 2018
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Representatives of the US Office of Commerce are in Quito

Ecuadornews: A mission of the United States Department of Commerce (USTR) arrived yesterday in Quito to meet with government officials. The visit is headed by Magaly García, the new director of the USTR for the region. Yesterday, she planned to meet with officials from the public...
Posted On 26 Oct 2018
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The best of gastronomy is exhibited at the Mercado del Río in Guayaquil

Ecuadornews: The popular music of Guayaquil opened on Thursday the opening ceremony of the Mercado del Río. Between applauses, Mayor Jaime Nebot was received along with Deputy Mayor Doménica Tabacchi and the rest of the authorities in the new gastronomic space that is offered at...
Posted On 26 Oct 2018
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Works in new power grid are stopped for lack of payment to contractor

Ecuadornews: The power of the largest hydroelectric plant in the country and emblem of the previous government, Coca-Codo Sinclair, does not reach Guayaquil due to the lack of power lines. Social conflicts with Tungurahua communities and financing problems have delayed the...
Posted On 25 Oct 2018
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