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Ecuador and the EU retake fourth round of talks

This Tuesday night in Brussels until next Friday, Ecuador and the European Union (EU) will continue with the fourth round of negotiations for a trade agreement, as reported by the foreign trade minister Roberto Betancourt, chief negotiator of the Ecuadorian team. The fourth round...
Posted On 15 Jul 2014
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Government reaffirms his support of USD 750 million for Quito´s subway

The Mayor of Quito Mauricio Rodas, announced that the City “recovered” the non-reimbursable USD 15 million granted for the units purchase of the public transport system and the support of USD 750 million for the Quito subway was reaffirmed, after meeting yesterday...
Posted On 15 Jul 2014
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Ecuadorian Government ratifies cooperation with Turkey

With 11 votes, the Commission on Sovereignty, Integration, International Relations and Global Security, has adopted a favorable report regarding the ratification of the Cooperation Agreement between Ecuador and Turkey. This international instrument will allow both nations to...
Posted On 14 Jul 2014
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Three State buildings will be constructed in Quito and Guayaquil

The President Rafael Correa announced yesterday the construction of three State buildings in Quito and Guayaquil. In the capital two buildings will be done to expedite the Judiciary System, while in Guayaquil the Compound of Government Production. The investment in property will...
Posted On 13 Jul 2014
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Ecuador hired a U.S. advertising communication company

Ecuador hired the American company MCSquared Inc. to study and develop communication strategies, information, image and advertising communication. According to the documents available on the website of the Unit of Foreign Agents Registration of the U.S. Department of Justice, the...
Posted On 13 Jul 2014
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Trade agreement with the EU is not closed yet

Ecuador and the European Union postponed for “a few days” the closing of the fourth round of negotiations for a trade agreement, according to a statement of the Ministry of Foreign Trade, posted on Twitter. This, due to sensitivities that have not reached an agreement...
Posted On 12 Jul 2014
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Repsol will exploit oil field in Orellana

Repsol will exploit in Ecuador a new field in the province of Orellana, named Wati, in which it is estimated there are between five and six million barrels of oil, said Luis García Sánchez, representative of the company in Ecuador. This area is “an area at the south of...
Posted On 11 Jul 2014
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Fee for postal deliveries worries the sector

The statements of the Coordinating Minister of Production Richard Espinosa, on the charging of a fee for postal consignments by the 4×4 system have surprised international couriers. “We received the news with surprise”, said Mario Cuvi, sector representative in...
Posted On 11 Jul 2014
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Jorge Glas highlighted in Cuba the interest of Ecuador in producing bio-inputs for agriculture

Jorge Glas during his official visit to Cuba noted that Ecuador is interested in producing bio-pesticides and bio-products for agriculture with Cuban technology to replace imports, according to Cuban news agency Prensa Latina. The Vice President visited a plant under construction...
Posted On 10 Jul 2014
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Ecuador improves its trade balance

The trade balance for the period from January to May this year recorded a surplus of 483.44 million dollars, surpassing the 2013 scenario in which for the first five months of the year, the figure was negative in 625.86 million dollars. The production of domestic enterprises have...
Posted On 10 Jul 2014
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