Ecuador News

The National Assembly approved with 129 votes, the bill that seeks to reduce the use and trade of single-use plastic material such as bags, straws, containers for beverages and food, the same that will have a cost for the user. National Assembly approves draft Law that regulates the use and commercialization of single-use plastic products The project is...

The export sector remained active, despite the crisis of the covid-19 pandemic. Between January and July 2020, Ecuador exported $ 11,113 million which, although they represent a drop of 14% compared to the figures for the same period in 2019, implies a surplus of $ 1,529 million in the trade balance. Tax incentives and credit insurance favored exports...

About $ 24 million will stop paying the Ecuadorian rose for tariffs when entering the United States market. This, due to the lowering of the tariff that was from 6.8% to 0% made official by the White House and announced on Friday by President Lenín Moreno. The benefit takes effect from November 1 and applies to rose exports from various countries,...