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Ecuador expects a 5 million dollars income for exporting services
Posted On 17 Nov 2017
Ecuadornews:
More than 300 companies providing services in Latin America, 70 of them Ecuadorian, participate today in the first business round of the country dedicated to export services, driven by ProEcuador.
Negotiations are held within the framework of the VII Convention on the Exportation of Services in Latin America, in which 32 buyers from 17 countries participate.
With this, Ecuadorian businessmen aspire to generate $ 5 million in medium and long-term sales expectations, said Roberto Intriago, director of ProEcuador, during the presentation of the event.
Daniel Legarda, executive president of the Ecuadorian Federation of Exporters of Ecuador, explained that Ecuador sells annually $ 14,000 million. Of this amount, $ 2,200 million are produced for the provision of tourism, transport and telecommunications services. While $ 300 million comes from benefits to specific people or companies in matters of technology, education and consulting.
For him, “this shows that we still have a long way to go to promote effectively the export of services for the benefit of the country.”
The vice president María Alejandra Vicuña, ratified the total support of the National Government to the development of this productive sector that “will enable a post-petroleum economy, promoting a knowledge society”. She pointed out that the challenge is to create products and services with added value.
On the other hand, Legarda also referred to the project on a law for the economy and said that this “does not contemplate adequate public policies for the business environment”. In addition, it asked the authorities to establish a date for the pending payment by the State to the companies for tax issues. By drawback and Tax Credit Certificates the amount owed amounts to $ 170 million.
Vicuña said that the Executive does not discard out the idea of the return of the Foreign Exchange Tax as an incentive for foreign investment. (I)
