After the signing of the trade agreement with China and Costa Rica, the one with South Korea is awaited, and until the date is specified, the Ministry of Production, Foreign Trade, Investments and Fisheries is making progress in rapprochement, and now Minister Julio José Prado is in Seoul.

He met with Cheon Kyo Park, director of international cooperation at the Korea Institute for the Advancement of Technology (KIAT). “We looked at eight projects where, once the free trade agreement with this country is implemented, we can move forward,” Prado said.

Last April, Ecuador announced the technical end of negotiations with South Korea.

This meeting held on Monday, June 5, 2023, discussed the creation of a Food and Beverage Technology Development Center called the Food Task Center, with sub-centers: Business Support Center, Technology Development Center and Functional Food Research and Development Center . .

A meeting was also held with Hoshiko Shin, CEO of Tridge Global, a global agricultural supply company. This platform would make it easier to send samples from Ecuador to Korean customers.

Trade agreement: Ecuador announces the technical end of negotiations with South Korea

Topics such as artificial intelligence and electronic commerce were discussed with representatives of the Sk Tum Center company, and service and investment opportunities for both countries were analyzed.