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Ecuadorian Shrimp seeks opportunity in Brazilian market

After the United States established an 11.7% anti-subsidy tariff for Ecuadorian shrimp entering its market, the country’s exporters expect Brazil to reopen the Ecuadorian shrimp purchase to offset the impact of the tariff. Brazil suspended Ecuadorian Shrimp income since...
Posted On 21 Aug 2013
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Decreases number of affiliations of Ecuadorians to the Spanish Social Security

Since July 2008 the Spanish Social Security has lost 165.558 Ecuadorian members. Acordding to the figures which indicate that there are 97.738 Ecuadorians until July 2013, however, five years ago, during the same period in 2008, the Social Security  registered 263.396...
Posted On 21 Aug 2013
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Prosecutor dismisses Chevron’s complaint for being “malicious and reckless”

That was the request made by the Prosecutor’s Office of Ecuador on last Monday regarding a complaint from U.S. Oil Company over alleged irregularities in the trial, which states that Chevron must pay $ 19,000 million in the Ecuadorian Amazon pollution. According to Chevron,...
Posted On 20 Aug 2013
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EQ2 employees on strike will mediate in Guayaquil

Members and employees of EQ2 sugar mill were summoned by the Management Unit and Implementation of Public Law (Ugedep), in order to establish the legal aspects regarding the payment of profits for the period between 2000 and 2011. “That meeting should leave an answer on...
Posted On 19 Aug 2013
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Correa puts conditions on Yasuni referendum

“Now the biggest “ecologists” are the mercantilist newspapers (…) if we go on a referendum we will also propose only digital newspapers in order to save paper and avoid such indiscriminate felling of trees,” said President Rafael Correa through his Twitter...
Posted On 19 Aug 2013
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Daule is the rice capital of Ecuador

The Ministry of Agriculture recognized that Canton Daule is the rice capital of Ecuador, confirming the view of the Canton’s municipality, which since August 8, said that “Daule City has been officially recognized as the Rice Capital of Ecuador,” through an ordinance....
Posted On 19 Aug 2013
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The government would accept consultation on Yasuni issue if there is a signature petition

The statement of President Rafael Correa was made yesterday during his nation-wide broadcast from Checa, Pichincha, when he said that if there are enough signatures to request a referendum, then it will be made, although he ensured that the government “will win...
Posted On 18 Aug 2013
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EQ2 strikes continues and it awaits a new dialogue

After the first failed attempt to stop the strike of 2000 EQ2 mill workers in a meeting in the company (La Troncal, Canar) carried out yesterday at 12h30, no agreements were reached between the bosses and the workers. During negotiations, National Police members served as...
Posted On 16 Aug 2013
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Tax Credit Law is now official

Last Monday the Government published in the Official Gazette, the Organic Law of Incentives for the Productive Sector, designed to compensate the affected export sector due to the unilateral withdrawal from Ecuador to the benefit of the ATPDEA tariff preferences, with the...
Posted On 15 Aug 2013
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Ecuador disagrees with U.S. new tariff on shrimp

After that on last Wednesday night, the U.S. Department of Commerce issued a statement in which it was decided to impose a 13.5% anti-subsidy tariff for Ecuadorian shrimp exports, which entered the country without tariffs, authorities and representatives of the export sector...
Posted On 15 Aug 2013
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