The Government of Ecuador announced that it has presented a protest note before a statement by Argentina’s Vice-President Cristina Fernández on the alleged obstacles to the candidacy of Andrés Aráuz, the Ecuadorian progressive candidate.
Ecuador’s central bank said it expected the country’s economy to expand by 3.1% in 2021, following an 8.9% contraction in 2020 due to a plunge in crude prices and the effects of the coronavirus pandemic.
Four South American countries joined forces this week in a bid to combat illegal fishing by huge Chinese fleets off their coasts. Chile, Colombia, Ecuador, and Peru threatened measures “to prevent, discourage and jointly confront” illegal fishing near their exclusive economic zones in the Pacific.
A major U.S. asphalt company agreed to pay US$16.6 million in fines while pleading guilty Tuesday to federal charges that it paid millions in bribes to officials in Brazil, Ecuador and Venezuela for almost a decade to win lucrative contracts.
An Ecuadorian court on Monday upheld an eight-year prison sentence against former President Rafael Correa for breaking campaign finance laws, blocking him from participating as a vice-presidential candidate in the 2021 election.
Chinese fishing vessels operating in the vicinity of the Galapagos Islands are complying with international fishing regulations on the high seas and none have been reported for illegal activities, China's ambassador to Ecuador said on Monday.
A judge in Ecuador on Thursday placed former president Abdala Bucaram under house arrest over his alleged involvement in a corruption scandal blamed in the murder of an Israeli prison inmate, the public prosecutor said.
Ecuador expects a quick resolution to a trade dispute with China over traces of coronavirus in a container of exported shrimp that led Beijing to suspend imports from three companies, Ecuador’s production and trade minister said on Tuesday.
Ecuador's navy is conducting surveillance of a massive Chinese fishing fleet that is operating near the protected waters of the Galapagos Islands, amid concerns about the environmental impact of fishing in the area of the ecologically sensitive islands.
Ecuador will extend the deadline for creditors to vote on its US$ 17.4 billion debt restructuring plan to Monday following a lawsuit by a small group of bondholders, the finance ministry said on Thursday.