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Minister of Foreign Trade Diego Aulestia reported on Frida March 6 that the government will apply safeguards to 2800 products. This measure will take effect on March 11 and it will have a lasting of 15 months. A surtax of 5% will apply to capital goods and non-essential raw...

From Wednesday, March 4 Resolution 007-2015 is in force, through which the Board of Foreign Trade (Comex) enables the importation of certain pieces of mobile phones that will allow to assemble more of these devices (for the 4G service) in Ecuador. This measure will allow...

The reduction in the salary of the Ecuadorian Assembly members will be of USD 1 000. Opponents and members of the ruling party criticize that this amount represents 17% of the total salary, when the Executive branch had indicated that the cuts would not pass 10%. The Council of...

Since January 5 of this year when the exchange safeguard (surcharge applied to products purchased from Colombia and Peru of 21% and 7%, in that order) became effective, until February 28, the National Customs Service of Ecuador raised $ 24’267.319,73. This was reported by...

Both inflation of February, 0.61%, as the annual of 4.05% were accelerated, if is compared with a year ago, when its were 0.11% and 2.85%, respectively, according to the latest report from the consumer price index, released on Thursday March 5 by the National Institute of...

The export of vehicles in Ecuador would have grown by 28.5% between January and December 2014, according to the Andean Community of Nations (CAN for its Spanish acronym). Last year, sales of the Ecuadorian market totaled 8,368 cars, while in 2013 these were 6,514. Colombia was...

During the last three years the company Petróleos de Venezuela SA (PDVSA) did not make all disbursements agreed as a strategic partner to finance the construction of the Pacífico Refinery. This became known after an examination of the General Comptroller of the State and a report...

Yesterday, an appointment to discuss the regulation of foreign trade and productivity was held in Carondelet. Entrepreneurs of the exporter, industrial and trade sector talked with President Rafael Correa, Vice President Jorge Glas and the Ministers of the Economic Area. Correa...

The Ecuadorian government is preparing an auction of mining areas totaling 431,801 hectares for exploration. This tender will take place in the coming months according to authorities, but a specific date has not yet been disclosed. The exposure of these new areas for exploration...

Two industry representatives arrived today to Palacio de Carondelet to hold a meeting with President Rafael Correa. The purpose of the meeting, which will start at 13:30, will aim to review issues related to foreign trade and national productivity, said the Coordinating Minister...