New laws and economics reforms generate expectations

The variants that will have this 2014 Ecuador business sector will be submitted as a new challenge for its members. Is expected that the National Assembly process this new legislation, the Penal Organic Code Integral, and the deficit of the trade balance and changes in the next productive matrix.

The executive vice president of the Chamber of Industries and Production, Richard Martinez, emphasized that expectations will be focused on a decision by the National Assembly on reforms to the Law of Securities Market, Law of Popular and Solidarity Economy and Water Resources.

Unlike other years, the State has maintained dialogue with the business sector about the changes and reforms that are coming, which has evolved feasibly.

The head of Council of Chambers of Production Maria Rosa Fabara, sees some positive legal changes at the same time create uncertainty. Government sources admitted that the theme of the deficit is the most complex.