After extensive negotiations, the FTA between Ecuador and the People’s Republic of China is almost concluded.
The president of Ecuador, Guillermo Lasso proclamed the trade agreement with China is concluded. He argueshat the country’s industrial sectors under consideration included a guarantee of employment in the manufacturing industry.
Chinese mining consortium enters into $480 million dispute against Ecuadorian government
In 2018, shortly after production began at the Rio Blanco mine owned by Ecuagoldmining, activists demanded the right to be consulted on continued operations. They subsequently obtained a court order to halt operations.
China willing to negotiate with the entire Mercosur bloc
Meanwhile, Beijing, which has begun negotiations on a free trade agreement with Uruguay, is willing to cooperate with Mercosur as a whole, confirmed Cai Wei, director general for the Chinese Foreign Ministry’s Latin American and Caribbean Affairs, in Montevideo.
Chinese Foreign Ministry head to visit Uruguay in the middle of a tour of the continent
The Director General of the Department of Latin America and the Caribbean of the Chinese Ministry of Foreign Affairs, Cai Wei, has been in constant contact with the Latin American and Caribbean region since early last year with a particular interest in Uruguay.