Augusto H. T. Liao, the government representative of the Taipei-Taiwan Trade Office, has emphasized the potential for increased trade between Taiwan and Ecuador, which has already doubled from $150 million to $300 million between 2020 and 2023. Liao suggested that Ecuador could further strengthen this relationship by opening a ProEcuador office and an embassy in Taiwan. He also pointed out opportunities for Ecuadorian shrimp exporters, given Taiwan's high shrimp import rate. Additionally, a Taiwanese company is planning to invest in electric buses in Ecuador.