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State subsidy in the port concession
Posted On 25 Aug 2017
Ecuadornews:
The Ecuadorian state would subsidize by 2 cents the increase in the harbor tariffs effective since May 8. Banana exports are affected by the tariff hikes imposed by the Turkish concessionaire YilportEcu, in charge of the construction of Puerto Bolívar.
That said, provided that the exporter pays 15 cents per box in bulk in the period from May to December 2017, and the company reduces its tariff to 17 cents.
Minister of Transport and Public Works (MTOP) Paul Granda raised the proposal during the meeting held in Quito a few days ago with Eduardo Ledesma, of the Association of Ecuadorian Banana Exporters (AEBE), Richard Salazar, of the Banana Marketing and Export Association (Acorbanec), as well as General Manager of YilportEcu Carlos Cruz. (I)
Source: http://www.expreso.ec/
