Ecuador, bailed out by Beijing, hoping to conclude FTA with China by December
Published on
September 22, 2022
Ecuador hopes to sign a free trade agreement with China by December, even as the country has just secured a USD 1.5 billion (EUR 1.5 billion) restructuring of debt owed to Chinese banks.
Rumors of a bilateral trade deal have been floated throughout 2022, but Ecuador’s commitment to signing a FTA with China was confirmed by Ecuador Production, Trade, and Investments Minister Julio Jose Prado on 17 August, 2022, and confirmed by a Latin American trade source based in China speaking to SeafoodSource in mid-September ...
Photo courtesy of Ministry of Foreign Affairs of the People’s Republic of China
Share