Ecuador and Mexico pledge final phase of trade pact

Ministers from Ecuador and Mexico discussed the trade agreement on October 21, 2022. Photo: Ministry of Production

governments Ecuador s Mexico A permanent dialogue that begins in the last week of October 2022. The goal is to achieve Close ultimate trade agreement with the aim of merging Pacific Alliance.

Advisor, Juan Carlos Holguin; and the Minister From Production, Julio Jose PradoOn Friday, October 21, he met with the Minister of Foreign Affairs of Mexico, Marcelo Ebrard; The secretary From Economics, Raquel PoinrostroUndersecretary foreign trade from that country, Alexander Encinas.

At the meeting, a roadmap for moving forward in the final stage of the file negotiations was outlined bilateral agreement with the aim of integrating Ecuador into the Pacific Alliance. This was stated by the Ministry of Production in a statement.

The announcement came after the 26th meeting of the Council of Ministers, made up of the Ministers of Foreign Affairs and Foreign Trade of Peru, Chile, Colombia and Mexico, ahead of the 17th Summit of the Pacific Alliance, in OaxacaNext November 25th.

William Lasso’s Journey

President Williamor lasso On Saturday, October 22, it confirmed its participation in that summit. “I will be in Mexico on November 25 and I hope to conclude FTA negotiations with Mexico to enter into the Pacific Alliance and be able to sell more Ecuadorean products,” he said.

According to Aso, the goal is to open up more markets for exports From Shrimp, cocoa, coffee, banana s flowers.

Pacific Alliance is The eighth economy in the worldIt represents 42.9% of GDP (Gross domestic product) From Latin america And the Caribbean, 45% of the flows foreign investment Received directly in the area.

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Similarly, Lasso indicated that until the end of the year he hopes to conclude FTA negotiations with it ChinaHe said trade agreements are also being pursued Canada, Costa Rica s dominican republic.

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Aileen Morales

"Beer nerd. Food fanatic. Alcohol scholar. Tv practitioner. Writer. Troublemaker. Falls down a lot."

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