Complaints by business climate marked the celebration of the Chamber of Industries

Image: El Universo

The calls to recognize the industry as a necessary pillar for development and the signs of disagreement with government measures marked the speeches given during the 79th anniversary of the Chamber of Industries of Guayaquil.

In his speech on the night of Monday, the president of the body, Francisco Alarcon, reiterated that about half of the population has no a suitable job (ie, most are underemployed or unemployed) and this is linked with policies that do not allow the development of the private business sector.

Among the obstacles he named tax reforms that are approved about every nine months, he estimated. He also spoke of the negative effect of some taxes, as the minimum tax, implemented by the alleged generalized tax evasion; the tax on foreign exchange outflows, and the safeguards imposed by capital gains from the occasional sale of shares, ie gained from the sale of businesses.

On the latter he referred to neighboring countries, that have rates between 5% and 10%, while Ecuador “decided to put in practice the 35%.” For Alarcon, this generates that companies lose value.

The industry representative also highlighted the damage generated by the atmosphere of confrontation between the public and private sectors. He said that “those who think differently” are constantly disqualified and the government attempts to discredit entrepreneurs by calling them “political actors.”
Source: http://www.eluniverso.com/noticias/2015/11/25/nota/5260416/quejas-clima-negocios-marcaron-festejo-camara