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Russia lifts veto on banana exporters from Ecuador

The Federal Veterinary and Phytosanitary Control Service of Russia lifted the suspension of five banana exporting companies from Ecuador. The Foreign Ministry of Ecuador reported on Friday, February 16, that the Federal Veterinary and Phytosanitary Control Service of Russia has...
Posted On 17 Feb 2024
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This is expected for shrimp, bananas, cocoa and flowers, thanks to the agreement with China

The tariff reduction contemplated in the trade agreement with China will boost exports of traditional products in that market. The trade agreement with China, ratified on February 7, 2024 by the National Assembly, represents an important growth opportunity for the country’s...
Posted On 10 Feb 2024
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The National Assembly ratifies the trade agreement with China

 The National Assembly of Ecuador ratified this Wednesday the trade agreement signed last May with China, making it the fourth country in Latin America to launch a free trade agreement with the Asian giant after Chile, Peru and Costa Rica. The agreement was ratified by the...
Posted On 07 Feb 2024
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Russia: 25% of banana exports hit by suspension of five companies

Agrocalidad assures that the humpback fly is not a pest that attacks banana crops. The Ecuadorian government analyzes the case. The controversy between Ecuador and Russia, after the suspension of banana exports from five Ecuadorian companies, affects 25% of total fruit exports to...
Posted On 06 Feb 2024
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Russia suspends certifications of five banana exporters

The news was surprising and was known this Saturday, February 3, 2024. The Russian Government decided to suspend the certifications of five Ecuadorian banana exporters. The decision is made due to an alleged systematic detection of the humpback fly, known as a carrier of cholera....
Posted On 06 Feb 2024
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Russia imposes total import restriction on carnations from Ecuador

Russia has announced a total restriction on the import of carnations from Ecuador, after on Saturday, February 3, the Federal Service for Veterinary and Phytosanitary Surveillance of Russia (Rosselkhoznadzor) indicated that they have detected a growing number of cases of...
Posted On 06 Feb 2024
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Commerce, hit by insecurity, fears lower consumption due to a possible increase in VAT

42% of VAT collection in 2023 came from businesses in the commerce sector, whose sales have reported declines since July 2023. If the proposal of the Government of Daniel Noboa is approved, to increase the Value Added Tax (VAT) from 12% to 15%, most of the collection would come...
Posted On 29 Jan 2024
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Ecuamaki, peel banana powder from Ecuador to fertilize the planet

Ecuador is the cradle of the best bananas in the world, no doubt related to it, the point is that this small country produces more than 7.35 million tons per year, with an average of 5% rejection due to external issues such as thickness, weight, peel color, etc., and this waste...
Posted On 24 Jan 2024
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Ecuador has 11 public-private clusters

Clusters are collaborative strategies with the participation of the public and private sectors, which promote the competitiveness of productive sectors. In recent years, Ecuador has promoted the development of clusters in different productive sectors, a public-private...
Posted On 23 Jan 2024
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Noboa sends urgent law to recover assets of illegal origin

The Government of Ecuador sent this Monday an urgent law to the National Assembly for the “recovery of assets of illicit origin and transparency in public procurement” that seeks, among other things, to improve transparency and participation in agreements with the...
Posted On 18 Jan 2024
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