Ecuador will be evaluated this month, for the fifth time, by the International Monetary Fund (IMF) technical team to determine the allocation of a new disbursement of $400 million, according to the Extended Fund Facility schedule.
If the progress is validated by the international organization, the…
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Ecuador’s government expects to increase oil production by 2,411 barrels per day
Ecuador's oil production could increase by 2,411 barrels per day between the end of April and the beginning of May of this year, according to the government, after reaching 459,743.34 barrels per day last Sunday.
Of this figure, 363,789.35…
Remittances in cryptocurrencies from Venezuela to other countries increase
During 2025, remittances from Venezuela to countries such as Colombia, Peru, and Ecuador have increased, particularly in USDT, according to a recent statement by Richard Ujueta, president of the Venezuelan Chamber of Electronic Commerce…
Ecuador to require temporary Visas for Venezuelans and citizens of 39 other countries
Ecuador implemented, starting this Monday, September 1, a new immigration control and security requirement for temporary visa applications for Venezuelans and citizens of 39 other countries.
This was announced by the country's Ministry of…
Ecuador maintains the lowest inflation rate in Latin America
In Latin America, Ecuador maintains the lowest inflation rate in the region. During the month of July, annual inflation stood at 0.72 %, which, according to the National Institute of Statistics and Censuses (INEC), represents a slowdown…
Ecuadorian cocoa is positioned above Ghana and the Ivory Coast in the market
In Ecuador, cocoa producers are considered the new rich of the agricultural sector given the shift in their position in the global market, displacing leaders such as Ghana and the Ivory Coast, where crops are affected by pests and drought.…
Results of negotiations between Ecuador and the US on tariffs will be revealed on July 1
Ecuador and the United States will hold the third round of negotiations on the 10 % tariff on Ecuador's exports on June 28. According to Ecuadorian Vice Minister of Foreign Trade, Andrés Robalino, the results will be announced on July 1.…
Ecuador has detected $600 million in money laundering in 2025
The director of Ecuador's Financial and Economic Analysis Unit (UAFE), José Neira, stated this Wednesday that the agency has detected approximately $600 million in alleged money laundering cases so far this year.
According to Neira, "these…
Ecuador imposes transit visas for Venezuelans and 44 other nationalities
Security and immigration control in Ecuador will be strengthened by requiring a transit visa for visitors from Venezuela and 44 other countries.
The announcement was made on the social media platform X by the Ministry of Foreign Affairs…
Ecuador establishes 20 % tariff on personal online purchases
Personal online purchases through platforms such as Amazon, Shein, or Temu in Ecuador will be subject to a 20 % tax starting June 16, according to the Ministry of Production and Foreign Trade.
The local government has reported that the…
Ecuador and Canada sign declaration for Free Trade Agreement
This Saturday, during the events commemorating the inauguration of President Daniel Noboa, Production Minister Luis Jaramillo and Canadian Minister of Export Promotion Maninder Sidhu signed a joint declaration to accelerate the signing of a…
Ecuador to require yellow fever vaccination for travelers from neighboring countries
Ecuadorian health authorities implemented, as of Monday, May 12, the requirement for a yellow fever vaccination certificate for travelers from Bolivia, Brazil, Colombia, and Peru.
Travelers who "have stayed at least ten days in those…