• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

Coffee, cocoa and soy, magnets of foreign currency

Posted On 03 May 2016

 

Image: Expreso

Image: Expreso

When the aftermath of the earthquake and adjustments of the Government ‘trap’ the discussion about what shold be done to avoid the economic deterioration of the country, there are people working in the countryside and offices looking for options.

If the exit or entry of foreign exchange is the original problem, we will have to resort to what has always generated dollars in the past: coffee and cocoa. And one of the most important banks in the country, a company that provides inputs, an industry and a qualified seeds and agricultural services provider have started from that point.

Together they have decided to promote the cultivation and guaranteed purchase of robusta coffee, cocoa and CCN 51.

The capital will be used to purchase fixed assets, plants and technical advice; the industry will be tge retention agent and agricultural enterprises will provide support.

 

The proposal is to turn our eyes to the countryside, the sector that thanks to the private initiative, has allowed Ecuador to stay afloat in the crisis by the low price of oil.

Source: http://expreso.ec/economia/cafe-cacao-y-soya-los-imanes-de-las-divisas-FA299698

 

 

About the Author
  • google-share
Previous Story

A year of surtaxes subdue trade partners

Next Story

ISSFA demands the payment of the state´s debt in order to comply obligations with relatives of deceased military personnel

SEARCH

LATEST NEWS

Ecuador will be able to recover from the strike in the second half of 2022

Posted On 04 Jul 2022

Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades

Posted On 04 Jul 2022

Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador

Posted On 01 Jul 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net