Category

Mayor of Quito Mauricio Rodas and the council administration are analyzing the 2014 municipal budget reform. The figure that will be presented to be analyzed and approved by the Metropolitan Council is about USD 1200 million.  “Each agency of the Municipality is organizing...

Ecuador seeks to stop exporting the cocoa as raw material to position itself as the global seller of chocolates, because it has been always regarded as the best producer of cocoa Fino de Aroma. The Coordiantor Minister of the Production Richard Espinosa stated that the first...

The Committee on Economic Regime yesterday afternoon approved the report for the second debate of the Monetary and Financial Organic Code. The legislation has the character of economic urgent, therefore the Legislative Branch has 30 days to approve the law. The deadline is July...

The European Commissioner for Development, Andris Piebalgs, will visit next week Ecuador, where he will deal with authorities and private actors on bilateral cooperation, support to sustainable development, change of the productive matrix and support the commercial sector, among...

On Thursday, from Brazil, where he is currently touring, President Rafael Correa said that the trade agreement with the European Union (EU) protects the public procurement system and small Ecuadorian farmers. Also last Monday on an interview at EcuadorTV, the president said that...

This Thursday the Minister of Foreign Trade, Francisco Rivadeneira, announced that “Ecuador has completed the process of negotiations with the European Union (EU) to join the Multiparty Trade Agreement,” while noting the results of an “effort of about four...

The Commission on Economic and Tax Regime approved that the circulation of electronic money may only be made with the endorsement of assets of the Central Bank of Ecuador (BCE for its Spanish acronym), according to Assemblyman Ramiro Aguilar. In Article 98, the project stated...

The Development Bank of Latin America (CAF for its Spanish acronym) has approved two loans totaling $ 296 million in favor of Ecuador. According to yesterday´s reports of the body´s office in Quito. “$ 176 million were approved for the New Educational Infrastructure Program...

On Tuesday during his visit to Brazil, President Rafael Correa announced the signing of a decree for the manufacture of drones or unmanned aircraft in a Research Center, which will move from Latacunga to the City of Knowledge in Yachay. The president visited the San Jose Dos...

Ecuador today resumed talks with the European Union (EU) with the purpose of resolving the last pending aspects, to finalize the free trade agreement with the European bloc, informed sources of the European Commission (EC). After conducting internal consultations within that...