Ecuador and the European Union (EU) predict that the free trade agreement (FTA) that they have just signed in the Belgian capital, whose negotiation had ended in June, will take effect in 2016.
Ecuador's Foreign Trade Minister Francisco Rivadeneira hopes to begin negotiations on a free trade agreement with Japan as soon as possible, he told Efe in an interview on Thursday.
A document leaked today shows that Ecuador's government was threatened with isolation and a devastating loss to its trade if it didn't return to the negotiating table for the EU-Andean Trade agreement.
The EU and Ecuador are publishing the documents of their new Association Agreement, which will see Ecuador joining the EU’s existing accord with Colombia and Peru.
Ecuadorian Ambassador Nicolas Trujillo Newlin called the Korean government today, urging it begin negotiations toward signing a trade agreement with the country.