Correa confirmed the signing of bilateral agreements on tour through Qatar and Switzerland

President Rafael Correa arrived this Saturday at 20:30 to the country after his tour through Qatar and Switzerland. The President’s Office said via Twitter (Presidencia_Ec) that Correa announced the signing of three bilateral agreements. “For the first time there are...
Posted On 27 Oct 2014
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Government signed 905 agreements with private companies to boost production

The state signed agreements with 905 private companies that are committed to generate more local quality standards. With this, the national industry accelerates its production by injecting capital. Some of the companies supporting the productive matrix are Scalpi, Tecnova and...
Posted On 27 Oct 2014
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Convention Bureau will belong to the City Hall

Creating the Convention Bureau is an enterprise engaged by the Conventions Center Simon Bolivar, hoteliers and tour operators for over a decade. The project aims to convert the Pacific Pearl in a venue for conferences, meetings, conventions and exhibitions. On October 8, Mayor...
Posted On 27 Oct 2014
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ECB postpones pilot plan to use electronic money

The pilot plan for electronic money, that the Central Bank of Ecuador (BCE for its Spanish acronym) announced it would begin today, was postponed for a few days. Last Friday, the ECB reported that tests on macroagents (shops and financial institutions where transactions can be...
Posted On 27 Oct 2014
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Ecuadorian entrepreneurs talk about strengths and challenges of the country to CNN

Four exporting Ecuadorian entrepreneurs spoke to CNN about the strengths and challenges they face in the country. The appreciation of the dollar, the payment of profits, international competition, among others, were the topics discussed at a round table under the leadership of...
Posted On 24 Oct 2014
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Government: Private telephone companies would pay new royalties rather than reducing profits to their workers

The Autonomous Decentralized Governments Commission presented on Wednesday, 22 October a proposal for that private telephone companies pay new royalties to the state . This would be included in the Draft Organic Law of Telecommunications. The article proposes that telephone...
Posted On 23 Oct 2014
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Cosmetic imports fall in a 35% from January to June 2014

Cosmetics purchases to the exterior fell at 35% until the first semester of 2014, a 10% more than what was projected following the signing of an agreement between the Government and Procosméticos (Yanbal, Avon, Koala and of the Belcorp), to lower the imports in last January.  The...
Posted On 23 Oct 2014
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Shrimp surpasses bananas in foreign sales in five of the first eight months

In February, March, April, June and August of 2014, the shrimp has displaced the banana sales abroad and has disputed the first place as the first non-oil export product of the country, as indicated by data from the Central Bank of Ecuador (BCE for its Spanish acronym) . José...
Posted On 23 Oct 2014
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Government signed 905 agreements to promote the national production

“We have contributed positively to the balance of payments with $ 1,760 million in September.” This is the result of the agreements reached by the regime with the private sector after the implementation of Resolution 116, according to the Minister of Industry, Ramiro...
Posted On 23 Oct 2014
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Kinross agrees to sell a $ 240 million project in Ecuador

Kinross Gold Corporation reported on October 21 that it has signed an agreement with Fortress Minerals Corp, a member of the Lundin Group of Companies, to sell its entire stake in Aurelian Resources Inc. and the Fruta del Norte (FDN) project in Ecuador for $ 240 million....
Posted On 22 Oct 2014
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