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In an interview for news agency EFE, the Minister of Foreign Trade, Francisco Rivadeneira, said Ecuador will negotiate with the European Union (EU,) a trade agreement better than the one subscribed with Colombia and Peru. In this context, he stressed that these treaties will be...

Because the current corn and soybeans in Ecuador are resulting in low production, the country had to import a total of $ 400 million in 2013, to meet the demands. $ 327 million in soybeans and $ 73 million in corn, according to the Central Bank of Ecuador (BCE for its Spanish...

Several sectors of the market have been alarmed after the Government’s decision to demand new requirements for importing 293 products, including processed foods, cosmetics, toys, ceramics, televisions, raw materials, etc. This, due to the concern that such decision from the...

Before  the project of import substitution promoted by the government, companies like Fadesa, Industrias Ales and Pica have been proposed to increase its local production to supply demand inside Ecuador. This, after the Foreign Trade Committee increased import requirements for...

The model of import substitution (ISI), which proposes tariff measures and seeks the promotion of the local industry, also known as the model cepalino by its diffusion through the ECLAC (Economic Commission for Latin America and the Caribbean), was applied in Ecuador and Latin...

The “walk” or “paseadera” are stages of two to three days which are repeated on three or four occasions between January and early March of each year. It is the time of the mating of crabs in the mangroves. And that romance should be respected. Hunters of...

In some supermarkets and stores that exposed certain imported articles or whose manufacture contains any foreign element, one could witness a shortage of those items. The items match with several of those in the 293 subdepartures that were forced by the Foreign Trade Committee to...

The national customs service of Ecuador (NES) reported yesterday that last year was registered the collection of $3.608 million in taxes, being the highest figure for the past 8 years. According to the NES, which stated through a press release, the funds raised during the year of...

Richard Espinosa, Coordinating Minister of Production, Employment and Competitiveness, said yesterday that one of the effects of the Resolution Nº 116, will be the reduction of more than $800 million in purchases abroad. According to Espinosa, this low price will cover 75.48% of...

Fundamental issues as, strategic sectors, public procurement, geographic indicators and market access, will be treated in the meeting with the European Union today. The conversations were resumed after five years of suspension. The measures that have generated problems for the...