Articles
Business intelligence and analysis on Ecuador
Decree 461 Adds Supplier Retention And RUP Registration Costs
Executive Decree 461 introduces a special supplier contribution and a paid registration framework for national and foreign participants in Ecuador’s public-procurement system.
Ecuador Evaluates Supplemental IMF Resilience Financing
A possible IMF resilience facility would add a financing option for Ecuador, while the Finance Ministry says the 2026 economic program is already funded.
SOT Files Criminal Complaint Over Quito Land Administration
The SOT says its surveillance process found alleged technical, administrative, and potential criminal irregularities in Quito land control, including four alleged offenses tied to a property near Fundo Rumihuaico.
Diesel Benchmark Reaches USD 4.19 Before Ecuador's August Reset
International diesel and gasoline benchmarks rebounded ahead of Ecuador's August 12 fuel-price adjustment. The movement narrows room for the government to repeat July's USD 0.05-per-gallon reduction.
Ecuador Customs Reform Adds 25-Day Abandonment Trigger
Ecuador's customs reform establishes new definitive-abandonment scenarios and changes how Senae disposes of goods. A detained tourist vehicle may be declared abandoned after one month without a recovery or regularization procedure.
Ecuador Confirms Second Foc R4T Outbreak In El Oro
Ecuador confirmed a second Foc R4T banana outbreak on July 14 within the same El Oro containment area as the first case. Industry controls now combine farm biosecurity, public-agency coordination, climate monitoring, and resistant-variety research.
Ecuador Retains 10% U.S. Tariff Under Section 301 Regime
The United States applied a 10% Section 301 surcharge to Ecuador and 16 other jurisdictions. Ecuador's production minister says the rate preserves the country's existing tariff burden while supply-chain traceability controls are implemented.
Capital Shopping Passes 20% Completion On USD 100M Build
Capital Shopping has exceeded 20% construction in Portoviejo. The Consorcio Portoshops project combines more than USD 100 million in private investment with a municipal access-road build inside the Villanueva business district.
World Bank Approves USD 750M Budget Support Operation For Ecuador
The World Bank Group approved USD 750 million in budget support for Ecuador, backing reforms around public spending, fiscal risk, social transfers, business climate, financing for companies, and private-sector participation.
Celec Regains Path To Terminate Failed Esmeraldas III Contract
Celec can again move toward unilateral termination of the ATM contract for Esmeraldas III after emergency arbitration measures were left without effect. The failed 91 MW project had a USD 89.9 million contract and fines near USD 23 million.
Ecuador And Argentina Finalize Auto Tariff Agreement
The agreement lowers Argentina’s vehicle tariff from 28% to 10% and Ecuador’s from 15% to 10% inside a preferential quota of 3,000 units per country for 10 years, with separate origin-content rules above the quota.
Colombian Freight Resistance Slows Ecuador Truck Access
Colombia revoked its restriction after a CAN ruling in favor of Ecuador, but heavy cargo still is not moving freely because Colombian transport groups oppose the change and have warned of immobilizations.