The Constitutional Court confirmed that the trade agreement signed by Ecuador with Costa Rica has already been corrected in the points that this body observed and thus issued a positive opinion, which must go to the National Assembly to complete the process, and if ratified, it can enter into force.

One of the changes, for example, tends to remove the existence of the submission of a claim to arbitration, thereby correcting the provisions of the previous opinion so that the document is in accordance with Article 422 of the Constitution, says the constitutional body.

The opinion declaring the constitutionality of the Trade Association Agreement was issued by the Constitutional Court on November 22, and it also stipulates that the Presidency of the Republic should be notified of this opinion “for information purposes”. Assembly.”

This adds up to two agreements that must be discussed in the Assembly, this one and the one with China. Both signed in the management of Guillermo Lasso. Its former Minister of Production, Foreign Trade, Investments and Fisheries, Daniel Legarda, indicated that after the publication of the positive opinion, it is now up to the President of the Republic to send the text of the agreement to the Assembly for processing and ratification. . And “it adds to the deal with China already submitted to the legislature in November.”

“A busy week in Ecuador’s foreign trade, with several positive milestones that companies and unions should watch closely in the coming months. We should not lose sight of the opportunities with these specific markets in the short and medium term,” Legarda pointed out, mentioning other events that are in favor of foreign trade that have taken place these days: