Ecuador, bailed out by Beijing, hoping to conclude FTA with China by December

Published on
September 22, 2022
China President Xi Jinping met with Ecuador President Guillermo Lasso in February 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

Want seafood news sent to your inbox?

You may unsubscribe from our mailing list at any time. Diversified Communications | 121 Free Street, Portland, ME 04101 | +1 207-842-5500