• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020
With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador
The riots in the country’s prisons leave 79 dead
The cost of freight to imports brought from Asia has tripled
Ecuador, the first country in America that together with Europe will fight against the counterfeiting of medical products
Government will allow the importation of vaccines for municipalities and private institutions
62 dead after clashes in prisons in Guayaquil, Cuenca and Latacunga
Ecuadorian pianist was designated ‘Steinway Artist’ in Germany
This is how you say ‘Ecuador, a diverse country’ in nine mother tongues

The big coffee company of the country will stop its activities on April

Posted On 02 Mar 2017
The company that took the country to the world concert of the coffee industry will lower the curtain in April. The work could well be called ‘chronicle of an announced death.’
Since December 2016, Compañía de Elaborados de Café ElCafé has been trying to reach an agreement so that the Agro Quality Control Agency makes coffee imports from Vietnam, due to the discovery of pests in imported grains.
Ecuador does not produce sufficient quantities of robusta coffee, so imports from Vietnam are necessary. Here the raw material is transformed and re-exported. This generates revenues of about 120 million dollars and gives direct work to 1,100 people in Guayaquil and Montecristi.
But the disagreements between Vietnamese and Ecuadorian authorities put the headstone on the industry: brokers, following a warning from the Vietnamese government, decided to stop exports to Ecuador.

 

Daily EXPRESO had access to two letters that ElCafé has received in which they warn him that they will not offer coffee until problems are solved. The letters are from Touton Geneve and American Coffee Corp, dated February 24. “Exporters in Vietnam do not want to sell coffee to Ecuador because of the lack of clarity in phytosanitary requirements,” said José Rodríguez of American Coffee Corp.

Source: http://expreso.ec/economia/la-gran-empresa-de-cafe-del-pais-parara-en-abril-FC1127160

About the Author
  • google-share
Previous Story

Presidential hopefuls resume their activities today

Next Story

A group wants to supervise the CNE to “avoid fraud.”

SEARCH

LATEST NEWS

'Jorge Chérrez's companies owe $ 20 million in interest to Isspol'

Posted On 24 Feb 2021

Ecuador entered the bid for vaccines against covid-19 since July 2020

Posted On 24 Feb 2021

With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador

Posted On 24 Feb 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net