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Latin America begins to feel the effects of the global shortage

Fertilizers for the powerful Brazilian agricultural industry, semiconductor chips for Mexican automakers or lack of ships to export Colombian coffee: Latin America is also beginning to feel the effects of the global supply crisis. Although the situation is not critical, as in the...
Posted On 12 Nov 2021
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Farmers from 11 provinces benefit from the “Planting by Contract” program

Developing quality raw material in Ecuador and using it in the production process of the new beer brand, Nuestra Siembra , is the end of the ” Sowing by Contract ” program of Cervecería Nacional , in which 11 provinces participate: Guayas, Los Ríos , Bolívar, Carchi,...
Posted On 11 Nov 2021
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Logistics crisis and disease management focus attention at the Banana & Cacao Summit

The mitigation of diseases that impact the production levels of bananas and cocoa, two of the star products of Ecuador’s non-oil exportable basket, and the current global logistics crisis that impacts maritime transport, are the issues that receive the most attention They...
Posted On 11 Nov 2021
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Producers: Around 114 million fewer boxes of bananas are estimated for 2022, if the price remains at $ 6.25

More than ten days after the Ministry of Agriculture and Livestock (MAG) officially set the price of a box of bananas for 2022 at $ 6.25, banana producers insist that there was no agreement between exporters and their sector; and they assure that if the price is maintained, which...
Posted On 10 Nov 2021
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The export of copper concentrate from Puerto Bolívar increased by 141%

A total of 294,987 metric tons (MT) of copper concentrate were exported from the Puerto Bolívar terminal to China, so far in 2021. The figure exceeds that of 2020, which registered 122,394.38 MT, which shows an increase in the 141%, reported the Ministry of Transport and Public...
Posted On 05 Nov 2021
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International markets begin to review the price of a box of bananas based on global cost increases

The Regional Agreement for Shared Responsibility signed in Guayaquil on October 27 by banana producers and exporters from Ecuador, Colombia, Guatemala, Honduras, Panama, the Dominican Republic and Costa Rica is already giving results. Through this agreement, the countries asked...
Posted On 05 Nov 2021
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Ecuador eliminated trade barriers between 2019 and 2021

In this year, Ecuador is a country with fewer trade barriers. This is reflected in the 2021 International Trade Barriers Index (TBI), published in recent days by the Property Rights Alliance. According to the report, Ecuador went from box 46, in 2019, to 40 in 2021, among 90...
Posted On 04 Nov 2021
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“Mas Galapagos” congratulates the Government for the expansion of the Marine Reserve of the islands, announced in Glasgow

The organization Más Galapagos congratulated the Ecuadorian Government for its announcement of an expansion of the Marine Protected Area (MPA) for Galapagos and achieve by 2030 that at least 30% of the ocean is protected. These announcements were made by the President of the...
Posted On 04 Nov 2021
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The floricultural sector estimates losses of $ 3 million in exports due to two days of protests

The protests led by peasants and indigenous people on October 26 and 27 wreaked havoc on the export of flowers, especially in Cayambe and Pedro Moncayo, north of Pichincha. The blockades in the internal roads of the cantons and in those that connect with Quito made it difficult,...
Posted On 29 Oct 2021
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Citibank receives recognition as the best digital bank in Ecuador

Citibank was recognized as the best digital bank in Ecuador by Global Finance magazine, in the 22nd annual competition of the World’s Best Corporate / Institutional Digital Banks in Latin America. Citi Latin America received recognition in 24 of 27 award categories in Latin...
Posted On 28 Oct 2021
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