For Tuesday, February 15 and Wednesday, February 16, the trade authorities of the United States and Ecuador are expected to attend the IV meeting of the Bilateral Trade and Investment Council (ICT). The TIC was reactivated in 2018, after nine years of inactivity.
As reported on the Twitter account of the embassy of the North American country in Ecuador, Ambassador Jayme White will travel to Ecuador to strengthen the trade relationship and co-chair the fourth Bilateral Trade and Investment Council.
Ambassador Jayme White will travel to Ecuador, from February 14 to 17, to strengthen the commercial relationship between the United States and Ecuador and to co-chair the 4th Bilateral Trade and Investment Council. #WeAreUnitedEC ???????????????????? https://t.co/bMZaW1sblZ
— US Embassy Ecuador (@USembassyEC) February 11, 2022
The Ministry of Production, Foreign Trade, Investments and Fisheries (MPCEIP) He indicated that the three tables that will be addressed in the technical work session will focus on the issues of agricultural issues, labor issues, the environment and the trade agenda.
Scott Higgins: We want to work with our partners and focus on the agreements and protocols that already exist
For its part, the United States ambassador to Ecuador, Mike Fitzpatrick, listed in a video, on his Twitter account, that the areas to be addressed at the meeting are expanded to six: intellectual property, agriculture, market access, customs and trade facilitation, labor, environment, investment, services and trade digital. “Together we can help create a path to trade that is inclusive, that respects workers and benefits the middle classes of the countries,” said the ambassador.
The Production Portfolio indicated that the approach of actions It is to deepen commercial relations, improve import and export processes, strengthen commitments in labor and environmental matters for a more sustainable production, will be the center of conversation in each one.
In addition, at the respective tables, representatives of other State portfolios such as Agriculture and Livestock, Labor and Environment will also participate. For Julio José Prado, Minister of Production, The TIC meeting that will evaluate the execution of the first phase protocol that is maintained between the two countries opens the way to move towards a new stage.
???????? ???????? The US Department of Commerce visits Ecuador this week!
In Guayaquil, the TIC, Trade & Investment Committee meets, which will evaluate the execution of the 1st phase protocol. And it opens the way to a 2nd phase.
We pave the way for a Trade Agreement with the USA. #MoreEcuadorInTheWorld
– Julio José Prado (@pradojj) February 14, 2022
The MPCEIP explained that there will also be an important dialogue between the Ecuadorian private sector and US trade authorities in which mipymes, actors of the Popular and Solidarity Economy, businessmen and entrepreneurs will participate. This meeting will be led by the Ecuadorian Business Committee and the American-Ecuadorian Chamber (Amcham) of Quito and Guayaquil, and the US Chamber of Commerce will intervene as representative of the United States. (I)
Source: Eluniverso
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
