If there is no agreement with Mexico until the Summit of the Pacific Alliance, Ecuador will think of another strategy

Updated Nov 16, 2022
Minister Prado pointed out that new deadlines will be analyzed to enter that block of countries, which was expected to enter this year.
A decisive week. With 99% progress in the negotiations of the trade agreement with Mexico, it is still to be defined what will happen to Ecuador's star products, such as shrimp and bananas. Although the Government mentions that the new Mexican trade authorities have an open position, a new strategy is already being analyzed in the event that an agreement is not sealed until the Pacific Alliance Summit, which will take place between the 23rd and November 25, 2022 in the North American country. The trade agreement with Mexico is one of the requirements that Ecuador lacks to be part of the Pacific Alliance, made up of that country, Colombia, Peru and Chile. Although Ecuador is invited to the Summit of the Pacific Alliance, the authorities have mentioned that they will not attend if an agreement is not sealed. "We will have to take a new strategy in terms of market access and the willingness to enter the Pacific Alliance (...) What we would have to reconsider is the access times to ...
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