19 dic 2017
On account of his official visit to Spain

The president of Ecuador, Lenín Moreno Garcés, delivers the closing speech at a business meeting in CEOE

On the Spanish side, Juan Rosell, Marisa Poncela, Fernando García Casas and Alfredo Bonet attended the meeting.

The president of Ecuador, Lenín Moreno Garcés, participated today in a business meeting held at CEOE’s headquarters, together with the Ecuadorian Minister of Foreign Trade, Pablo Campana; of Tourism, Enrique Ponce de León; and of Transport and Public Works, Paúl Granda. On the Spanish side, participants in the meeting included the president of CEOE, Juan Rosell; the Secretary of State for Commerce, Marisa Poncela; the Secretary of State for International Cooperation and for Ibero-America and the Caribbean, Fernando García Casas; and the director of the International Department of Spain’s Chamber of Commerce, Alfredo Bonet. The meeting helped to learn more about the investment and trade opportunities offered by the country to Spanish companies.

The president of Ecuador, Lenín Moreno Garcés at CEOE
The president of Ecuador, Lenín Moreno Garcés at CEOE — ©CEOE

The President of Ecuador, Lenín Moreno Garcés, before almost 300 entrepreneurs, insisted on the development experienced by his country over the last ten years, thanks to the construction of roads, airports, ports and hospitals, as well as in the quality of the human talent and the implementation of tax incentives to promote foreign investment. Moreno explained that his government is committed to freedom of expression, to promoting dialogue, legality and justice.

He also stressed that Ecuador and Spain are complementary countries and that we could be of great help for the development of the country. He highlighted the enormous business opportunities in key sectors such as infrastructures, tourism, agri-food or transport, among many others.

 

Interesting sectors

The Ecuadorian Minister of Foreign Trade, Pablo Campana, highlighted the importance of the private sector for the development of projects in the area and for enabling the country to increasingly open up to trade. He reported on the implementation of various projects of interest to Spanish companies, such as the Pacific Refinery, an aluminium smelting plant and the Río Santiago hydroelectric project, the Monteverde maritime project or the improvement of airports and roads.

He also talked about the existence of tax incentives, such as the so-called "Production Code", which provides for a five-year tax exemption, and of special development areas in which companies may also enjoy important advantages.