Updated on 02/23/2022 02:57 pm The first contract for the drilling of wells in the key oil field of Ishpingo, in the vicinity of the Ecuadorian national park of Yasuní, was awarded to China National Petroleum Corp (CNPC), said the Minister of Energy and Non-Renewable Natural Resources, Juan Carlos Bermeo. The country, which is promoting […]
Tag: Ecuador
Ecuador suspends mining in the Amazon area affected by illegal extraction
The Government of Ecuador announced that it temporarily suspended mining rights in an area of the country’s Amazon, affected by severe pollution caused by illegal mineral extraction. The Minister of Energy, Juan Carlos Bermeo, during an appearance before the National Assembly (Parliament), announced that all mining rights in force in the Yutzupino region, near the […]
Government of Ecuador says that China Sinovac approves a project for a vaccine plant in its territory
Updated on 02/15/2022 01:35 pm Chinese pharmaceutical company Sinovac has approved a project to build a vaccine plant in Ecuador, as part of a comprehensive agreement that would include clinical trials and technology transfer, the Ecuadorian Ministry of Health said. Ecuador is seeking to strengthen its relations with the Asian giant after the official visit […]
Xi and Lasso agree to negotiate a China-Ecuador free trade agreement
China Y Ecuador agreed to negotiate a bilateral free trade agreement after the meeting held today in Beijing between the presidents of both countries, Xi Jinping and Guillermo Lasso. The latter, on his official Twitter account, expressed his hope that the agreement will be finalized “by the end of 2022”, and referred to it as […]
Minem evaluates buying fuel in Ecuador and Colombia before the closure of La Pampilla
The Vice Minister in charge of the Hydrocarbons portfolio, Jorge Chavez Crestarevealed that the Peruvian government is evaluating the possibility of buying fuel in countries in the region, in Ecuador and Colombia, in case the sanction imposed by OEFA on Repsol is not corrected in the short term. During his presentation before the Energy and […]
The mandatory anti-COVID vaccine in the world
The health certificate is imposed in a growing number of countries for some professions or activities, but the mandatory anti-COVID vaccine is a rarity, only approved in a handful of countries, including Ecuador. Below is a look at the different mandatory forms of vaccination imposed around the world in the face of the pandemic. Few […]
President Ecuador says he will seek to decouple oil from debt with China
Updated on 01/25/2022 04:20 pm the president of Ecuador, William Lasso, announced that it will seek to unlink the outstanding volume of crude oil from the debt it maintains with China during a visit to that country in early February, as part of its plan to renegotiate some US$4.1 billion. In the past decade, China […]
Ecuador advances on an uphill road to obtain foreign investment
Ecuador advances on an uphill road to obtain foreign investment in the midst of the international expectation of the Government of William Lasso and under the watchful eye of social and environmental organizations, opposed to privatization and damage to nature, respectively. In its almost eight months in power, the Government has knocked on several doors […]
Ecuador seeks to close the digital gap with inclusion and private investment
The Ecuadorian Government seeks to close the digital gap with an inclusive policy that promotes a new economic and financial model through the network, in a strategy in which it tries to involve the private sector with all kinds of incentives. This was stated by the Minister of Telecommunications, Vianna Maino, after almost eight months […]
Saab, the alleged figurehead of Maduro, had dealings with politicians from Colombia and Ecuador, report says
The Colombian Alex Saab, alleged front man of the illegitimate president Nicolas Maduro, led a “transnational money laundering operation” involving politicians from Venezuela, Ecuador and Colombia, Ecuadorian congressmen determined in an investigation they shared with Bogotá. Fernando Villavicencio, president of the oversight commission of the Ecuadorian Congress, traveled to Bogotá and delivered a 125-page report […]