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Sales stores and importers of technological equipments and their parts and pieces already feel the impact of tariff changes that govern since last week. This is because the Committee of Foreign Trade (Comex) raised the tariffs on goods that are importedby 588 subheadings,...

A total of 6,865 subscribers opened their electronic money virtual accounts at national level in the Central Bank of Ecuador (BCE for its Spanish acronym). This was reported by the entity, which also confirmed that in mid-February the first real transactions will be made. The BCE...

The Chamber of Commerce of Guayaquil (CCG) again emphasized the negative impact the recent resolutions of the Committee of Foreign Trade (Comex) will bring to the importing sector. The union referred to the consequences of the tariffs increase for a great number of products, and...

The price of Ecuadorian crude reached $ 39.6 in mid-January, according to the National Information System (SNI for its Spanish acronym). The figure is based on theoretical prices published by the public company Petroecuador EP. The value is $ 40.1 less per barrel than expected by...

The Minister of Foreign Trade, Francisco Rivadeneira, said they have almost reached agreements with Colombia and Peru on the implementation of safeguard measures, applicable since January 5th. This announcement was made during an interview with Democracia Radio, after two weeks...

The Minister of Telecommunications, Augusto Espín, said that private telephone companies Claro and Movistar reached an agreement with the Government for extending the spectrum of the 4G network. Espín said negotiations concluded with the enterprises and now “is an issue of...

After that last December 29, the Committee of Foreign Trade (Comex) approved the increase in the tariffs percentage on 588 products, including keyboards, memories, printers, calculators, laptops, etc; the tariff increase was set between the 5% and 15% in technological equipments....

he Minister of Labour, Carlos Marx Carrasco, presented yesterday the topics contained in the Labor Justice and Labor Recognition bill before representatives of private enterprises in Guayaquil. Among them are the elimination of fixed contracts, wage gaps and inefficient...

During the congress “Dollarization, 15 years later, a comprehensive vision,” organized since 19 to 22 January by the Espiritu Santo University (UEES for its Spanish acronym), the President of the Association of Private Banks César Robalino analyzed the evolution of...

Ecuador’s government said yesterday it is willing to review the 7% safeguard measure, announced since January and applied to imports from Peru, a country that claims against this measure and calls for its removal. The Ministers of Foreign Trade of Ecuador, Francisco...