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The European Union (EU) considered  “very ambitious”  signing the trade agreement with Ecuador, since it enssured it exists “important issues” to discuss on the table. According to a spokesman for the European Commission. “Only when these issue...

The Secretary of the Andean Community of Nations (CAN) gave 15 business days for the government to report on the uprising of Resolution 116 of the Foreign Trade Committee of Ecuador. The CAN completed research related to the regulation and called it a “restriction to...

The trade agreement between Ecuador and the European Union (EU) would benefit the country of the Equatorial Line in exports over the two years of negotiation, increasing productivity from $ 200 to $ 300 million dollars. This, according to Felipe Rivadeneira, President of the...

The Central Bank of Ecuador (BCE for its Spanish acronym) is working on a strategy to buy gold to localminers. This, due to transaction of half of the gold reserves (13 tons), through Goldman Sachs. The objective of the plan is that the credit unions of the mining districts buy...

According to the Central Bank of Ecuador (BCE for its Spanish acronym), Ecuador’s total exports in the first four months of 2014 exceeded imports by $ 212.5 million, compared with the same period of 2013, which represented an improvement of 170,4% in the trade balance of...

Ecuadorian entrepreneurs expect that Ecuador sign a trade agreement with the European Union (EU) in the Third Round of Negotiations of a Multiparty Trade Agreement. The event will run from today to Friday 13 June in Brussels (Belgium). Europe is a major comercial destination....

With a new reform of the Mining Law, the Ecuadorian Government seeks to expand its incomes to not depend on petroleum and taxes. The third source has been to turn to indebtedness, inside the country or abroad. The state issues bonds and the Institute of Ecuadorian Social Security...

According to reports published by National Directorate of Studies and Information of the Superintendency of Banks and Insurance, public and private banks recorded a growth in its assets above 10%, during 2013. The increase figure for the public sector was 13.9% ($ 6,344.1...

This Thursday the environmental group Amazonia Vive, which supports the government’s proposal to exploit the oil inside the ITT block of the Yasuni National Park, will march today from the El Arbolito park to the Carondelet Palace, to grant President Rafael Correa with all...

The Central Bank of Ecuador (BCE for its Spanish acronym) is negotiating in these days the rates that will be applied to the users. Diego Martínez, President of the BCE, said that although he can not yet disclose the amounts of the fees, these will be much lower than those...