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Until June 2015, 20% of parts and pieces of domestic manufacturing will be incorporated in the motorcycles assemblage in Ecuador, in compliance with Ministerial Decree 14-264 of July 22. “The general level of local content of all types of assembled goods is 5% and it will...

After eight months of being in force, the Resolution 116 of the Committee of Foreign Trade (Comex) has permitted the government to lower imports of products. The legislation ordered a previous import control for 292 tariff items and also to submit a certificate of quality...

Despite having a positive attitude towards the Monetary and Financial Code, a government initiative, on Monday representatives of private banks handed over the Presidency of the Republic, with a document with topics containing questions regarding the content of the text in the...

Machineries, spare parts, medicines, supplies and technology, will enter to the Ecuadorian market without restrictions the bilateral agreement with the European Union (EU) goes into effect, as announced by the Minister of Foreign Trade Francisco Rivadeneira. Germany, for example,...

The General Secretariat of the Andean Community (CAN for its Spanish acronym) ratified its resolution 1695, in which it observed the restriction measures on trade by Ecuador. On June 6, 2014, the CAN said in that resolution that Ecuador is restricting interregional trade when the...

In the negotiations with the European Union (EU), in terms of copyrighted material, they talked about test data (information to produce generics), said the Minister of Foreign Trade Francisco Rivadeneira. The authority stressed that Ecuador accepted the proposal of Europeans in...

Petroamazonas plans to start the coming days pre-exploitation works at Ishpingo Tambococha and Tiputini (ITT) after having achieved three months ago the environmental license for the development of the oil area. The construction works of Port Miranda include the building of a...

President Rafael Correa held yesterday a visit to Delsitanisagua hydropower project, located in the parish Sabanilla province of Zamora Chinchipe which have an advance of 35% in its construction so far. “This is the most environmentally friendly we are doing, science and...

Ecuador obtained loans totaling around $142 million from India, for investment in projects of power lines, said Deputy Foreign Minister Leonardo Arízaga. Arízaga met in recent days in New Delhi with the Minister of Foreign Affairs in India Sushma Swaraj, “in order to...

After Russia’s decision to veto the entry of food products from the EU, the United States and other Western countries, Ecuador is evaluating the products it can offer to this new market. “Russia has decided to buy from Latin America” ​​and that is also “an...