Category

During the usual nation-wide broadcast of Saturdays, from the Tonchigüe parish, on the Atacames Canton, province of Esmeraldas, Ecuador’s Vice President Jorge Glas, announced that the country will export quality meat products since 2015. “Ecuador has a huge potential for...

Last Thursday during the first general committee organized by the Committee on Economic System, the central bank president, Diego Martinez, said the Monetary Financial Code -sent last Wednesday to the National Assembly as urgent in economical matter- “maintains the...

The port activity was affected through the end of 2013 due to the slowdown of foreign trade in Latin America and the Caribbean. Last year there was an increase of 1.7%, according to the report of the Economic Commission for Latin America and the Caribbean (ECLAC). In the ECLAC...

President Rafael Correa inaugurated the maritime reception, storage and distribution terminal of liquefied petroleum gas (LPG) in Monteverde, Santa Elena. This terminal will serve as a supply central for oil derivatives, when the Pacific Refinery `Eloy Alfaro´ begins its works,...

In the trade agreement that aspires Ecuador with the European Union (EU) there are disagreements on agricultural and public procurement issues, according the report on Thursday, June 26 submitted by President Rafael Correa, who hopes to achieve a deal out of a Free Trade...

After the temporary suspension of Resolution 1695 by the General Secretariat of the Andean Community last June 24, Ecuadorian entrepreneurs see as good the deadline of 15 working days the Andean Community (CAN for its Spanish acronym) gave to the country to stop controlling...

This week, the Government proposed the draft Monetary and Financial Organic Code to the National Assembly. This seeks to reorder the monetary systems as value and insurance regimes of the country. According to the Coordinating Ministry of Economic Policy, the Executive will...

Exports from Ecuador to Peru fell by 25.7%. According to statistics from the Central Bank of Ecuador (BCE for its Spanish acronym) of $ 751 million sold from January to April last year, at the present time, this country sent $ 558 million in products. This could be partly due to...

The Andean Community of Nations (CAN) temporarily suspended Resolution 1695, emitted last June 6 , in Lima, Peru; which set a deadline of 15 days for Ecuador to lift the measures through Resolution 116 of the Comex, which is in force since December 2013. This resolution was...

Three national companies seeking to be qualified as manufacturers of induction cookers in Ecuador, announced yesterday that these artifacts with four burners will cost between $ 300 and $ 400 dollars. The Government seeks to replace since next August 3.5 million of gas cookers by...