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Business associations back Ecuador’s return to ICSID

Ecuador’s return, after eleven years, to the Convention on Settlement of Investment Disputes between States and Nationals of Other States (ICSID) already generates reactions in Ecuador’s business associations, after Ecuador’s ambassador to the United States,...
Posted On 23 Jun 2021
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Ecuador’s Ambassador to the US, Ivonne Baki, signed the ICSID Convention today, 11 years after leaving Ecuador

Ecuador’s Ambassador to the U.S., Ivonne Baki, today signed the Convention on settlement of investment disputes between states and nationals of other states (ICSID). This convention is a space for the resolution of investment conflicts at the international level. Thus,...
Posted On 21 Jun 2021
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With only 1% of its agricultural area, Ecuador stands out as an exporter of organic products

On June 9, an Ecuadorian company exported for the first time a container of organic cocoa to Austria. ProEcuador indicated that the operation was carried out with the support of Ecuador’s commercial office in Turkey, and kept the names of the companies involved in the...
Posted On 17 Jun 2021
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What to keep in mind before importing to Ecuador

Importing products from China or the United States has become a viable option for many people who want to generate a profitable business, while collaborating with the development of a country. The demand for items that are not found in the national market is increasing day by day...
Posted On 16 Jun 2021
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President orders the voluntary liquidation of Seguros Sucre

President Guillermo Lasso signed a decree ordering the voluntary liquidation of Seguros Sucre. The process will be in charge of the members of the board of directors of the National Finance Corporation (CFN). Through Executive Decree No. 82, signed this Tuesday, June 15, the Head...
Posted On 16 Jun 2021
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The future of Ecuadorian industries is anchored to the climate emergency

Seeking that Ecuadorian entrepreneurs reflect on the future of their companies, since the effects of climate change can affect the country’s essential productive activities such as agriculture, is one of the main objectives of the discussion Premises of COP26 UK 2021 that...
Posted On 16 Jun 2021
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Increase demand for vegetarian and vegan products in Ecuador; brands prepare new proposals

Lentil burgers, soy meat, chia, oregano and basil sausages, or fried are some of the options offered by Ecuadorian brands that sell products for vegetarians, vegans, or simply those who like something different. The increase in demand in the sector ranges between 10% and 40%...
Posted On 15 Jun 2021
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Bo Derek is the Tourism Ambassador of Ecuador

The protagonist of films such as 10, the perfect woman, Orca, Fantasies, A change of seasons, Tarzan the ape man and Bolero, the American actress Bo Derek, was appointed as Tourist Ambassador of Ecuador, in recognition of her contribution to publicize the country’s tourist...
Posted On 15 Jun 2021
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Losses in family businesses reached 53% due to the pandemic, reveals survey

Family businesses registered a decrease in profits that reached 53% in this pandemic year, in Ecuador. This is a percentage higher than the world average, which was 51%. The reduction in the capital ratio was 14%, while worldwide it was 13%. Losses in family businesses reached...
Posted On 14 Jun 2021
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Ecuadorian brothers adapted to changes in the US market and today generate jobs with renewable energy

No one is a prophet in his own land says a popular adage that sums up the success that compatriots have achieved abroad, however, it is also unfair to describe all the effort and in some cases even falls that they experienced to start businesses in a country alien. Ecuadorian...
Posted On 09 Jun 2021
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