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EU: Ecuador must improve the legal framework and legal certainty for investments

The European Union (EU) pointed out that it is a challenge to capitalize on the achievements of the trade agreement to stimulate investment, because those that Ecuador has attracted are less than those of neighboring countries. He praised the goal that the Government of Guillermo...
Posted On 03 Feb 2022
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Corpei considers that the use of by-products from milk would generate positive impacts in the country

The Corporation for the Promotion of Exports and Investments (Corpei) , through a letter, indicated this February 2 that the use of all by-products from milk would allow generating important positive impacts in the country. The pronouncement comes within the framework of the...
Posted On 03 Feb 2022
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The World Bank approves a $700 million loan to Ecuador

The Executive Board of the World Bank approved this February 1, 2022, a freely available loan for $700 million for Ecuador, the agency reported in a statement.  According to the entity, these resources will serve to support the government’s efforts to mitigate the impact of...
Posted On 02 Feb 2022
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Dozens of trucks loaded with flowers line up waiting for planes

The shortage of planes to send exports, which occurred in 2021, is repeated in the first month of 2022, affecting the flower sector. According to Expoflores, due to this new inconvenience the sector will stop selling 22 million dollars. The problem occurs prior to the celebration...
Posted On 31 Jan 2022
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The Ecuadorian who produces wine from Chile and exports it in aluminum cans

The packaging of canned wine is one of the consumption trends that, due to its characteristics, has been growing globally since 2020 (that year it ended with a production of 250 million boxes). A scenario that motivated the Ecuadorian Daniel Pérez Pallares to create Chilla and...
Posted On 28 Jan 2022
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Ecuador exported more than 15 million boxes of mango in the 2021 season

Ecuador exported around 15,342,766 boxes of mangoes during the 2021 season, which began in the first week of September 2021 and ended in the second week of January this year. This, as reported this Thursday by the Phytosanitary and Zoosanitary Regulation and Control Agency...
Posted On 28 Jan 2022
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The Chilean Senate ratified the trade agreement with Ecuador

The Chilean Senate approved the Trade Integration Agreement with Ecuador and Chile. The next step will be the notification before the Latin American Integration Association (Aladi), in order to ratify the parties’ compliance with the requirements established in their...
Posted On 27 Jan 2022
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Guayaquil Port Terminal will invest $20.9 million in the purchase of seven state-of-the-art cranes

The Guayaquil Port Terminal (TPG) plans to invest $20.9 million in the purchase of seven state-of-the-art cranes. According to the terminal, between April and May 2022, three cranes are expected to arrive, one of them will be the super post-Panamax, which will have a horizontal...
Posted On 27 Jan 2022
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A silent decline puts pressure on the banana sector

Bananas are no longer the main source of foreign exchange earnings for the country, as a non-oil export product. Internal and external conditions have forced it, in the last 4 years, to get off the podium where it has historically been to give ground to shrimp, a risk of lag,...
Posted On 26 Jan 2022
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Despite the global logistics crisis, Ecuador plans to export 10,000 more tons of cocoa in 2022

Ecuador expects for this year 2022 to export 10,000 tons (t) more of cocoa than in 2021 and reach shipments of 375,000 t to international markets. This was detailed by the National Association of Cocoa and Industrialized Exporters of Ecuador (Anecacao) , through a summary of the...
Posted On 26 Jan 2022
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