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Only Maersk and Mediterranean Shipping confirm they will take bananas to China

The shipping lines warned of the blow to the export sector of Ecuador. Two of the three services that go directly to China will not arrive in Ecuadorian ports. Only Maersk and Mediterranean Shipping confirm they will take bananas to China The president of the Association of...
Posted On 28 Feb 2020
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In 2019 the agreement with the EU left $ 658 million

Trade flows between Ecuador and the European Union (EU) increased 3.8% since the Multi-Party Trade Agreement entered into force in 2017. In 2019 the agreement with the EU left $ 658 million According to data provided by the EU Commerce section in Ecuador, bilateral exchanges grew...
Posted On 27 Feb 2020
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Prices go up, but Ecuador doesn’t have coffee

In a year the price of Arabic coffee – February 2019 to February 2020 – rose 16.75%. The pound went from $ 0.95 to $ 1.11 in the international market, according to the Investing portal. Prices go up, but Ecuador doesn’t have coffee However, now that coffee...
Posted On 27 Feb 2020
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Ecuador and the United States unite for development

The official visit of President Lenin Moreno to his peer in the United States, Donald Trump, not only marked a historic milestone but also opened new doors to development in the fields of production, employment, education, security, the fight against drug trafficking and...
Posted On 26 Feb 2020
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The Ecuadorian banana in other countries: Germany, Italy and Russia

Concerning data are those that show the technical notes on the behavior of the year 2019, which the Banana Marketing and Export Association ( Acorbanec ) shared with EXPRESO newspaper. Several European Community market countries have significantly reduced their purchases: Look...
Posted On 21 Feb 2020
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Ecuador sold energy to Colombia for almost $ 70 million

In 2019, Ecuador made energy sales to Colombia through international interconnections for almost $ 70 million. Ecuador sold energy to Colombia for almost $ 70 million For this year, with the financing of the Inter-American Development Bank (IDB), the design of the electrical...
Posted On 21 Feb 2020
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Marianne Van Steen: ‘In the EU we will be increasingly demanding’

What are the reasons why banana shipments to the EU have fallen in the last year? We do not know what the determining factor is, but it is worrisome. Banana is the flagship product of Ecuador. One in three bananas consumed in the EU comes from this country. The fact that the...
Posted On 20 Feb 2020
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Ecuadorians will pay less in their international roaming rate

More than 4 million Ecuadorians , postpaid mobile phone users, will benefit from the reduction of international roaming rates, within the framework of Decision No. 854, approved in the Third Session of the Extended Commission, of the Community Andina, developed in Cartagena de...
Posted On 20 Feb 2020
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Ecuador will insist that products enter the Generalized System of United States Tariff Preferences

Ecuador will insist – formally – that roses, artichokes, broccoli and tuna be included in the United States Generalized System of Preferences (GSP), which allows preferential product access. Ecuador will insist that products enter the Generalized System of United...
Posted On 20 Feb 2020
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After 46 years, Ecuador has a new Fishing Law

The plenary session of the National Assembly unanimously approved the draft Law on the Development of Aquaculture and Fisheries with 109 affirmative votes, which will allow Ecuador to be competitive internationally, especially in compliance with the requirements of the European...
Posted On 20 Feb 2020
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