Moreno arrives to Japan to encourage investments

Ecuadornews:

The Ecuadorian president, Lenin Moreno, arrived in Japan for an official visit until Friday in which he will try to promote investments in his country and celebrate the centenary of the establishment of diplomatic relations between both States.

The plane landed at the Haneda International Airport in Tokyo, where the Ecuadorian president was received on the runway by state ministers who will be part of the official delegation, led by Foreign Minister José Valencia, the presidency said in a statement.

“The work agenda to be developed by the Head of State in the Japanese country seeks to strengthen ties between both countries, within the framework of respect for the values of democracy, international law and the essential freedoms of the human being,” the note adds.

Moreno, who left Quito on Saturday night, also seeks to “deepen efforts in various areas that allow Japan to become a strategic partner of Ecuador and maintain the cooperation it provides in various areas.”

In his meetings with the highest Japanese authorities, the Ecuadorian president will promote the image of Ecuador “as a nation of opportunities for investment”, thanks to the incentives and advantages offered by the new Law on Productive Development and Attraction of Investments.

This law, says the Ecuadorian government, creates “an environment of legal security and political stability” that was not counted in the time of the former president Rafael Correa (2006-2016).

Since he came to power, in May 2017, Moreno has launched a policy of commercial openness with which he tries to awaken the beleaguered economy of his country and plug the holes in national finances.

Morenos Minister of Foreign Trade and Investment, Pablo Campana, and a group of representatives of the Ecuadorian business sector accompany Moreno on this trip, to show the progress of Ecuador in economic-commercial matters.

According to the National Secretariat of Communication, this visit marks the beginning of a “deeper dialogue” that will have other issues on the agenda, such as the search for tax agreements, a bilateral investment protection and a broad commercial one that contemplates trade and exports in general. (I)

Source: https://www.larepublica.ec/blog/portada/2018/09/03/moreno-llega-a-japon-para-fomentar-inversiones/