Ecuador continues to create a smooth platform for global investment

Published on : Tuesday, August 26, 2014

PRO-ECUADOR-300x300Standard & Poor, a highly esteemed American financial services company raised its long-term sovereign credit ratings on the Republic of Ecuador to B-plus from B. The ratings were enhanced on the basis of the government’s greater fiscal flexibility, better external liquidity position, and the improving investment climate in the country.


Ecuador’s stability is universal and this can be concluded by the new credit rate that was given to this country. This rating is expected to give an impetus to the investing opportunities for Ecuador which in return will yield a stronger financial performance in the years to come.

Speaking on the occasion, Trade Officer of the Commercial Office of Ecuador in Mumbai, Priscila Moscoso Meiller said, “There are many positives and a diverse portfolio in Ecuador for investors and a lot of profit potential in the country. This rating will certainly boost further investments and trade opportunities with India and rest of the global markets.”


Ecuador’s products and production logistics are its strength and through the upgrade of their rating it will be aiming to convert the globe into one big export market. Along with no cap on the minimum percentage on domestic investment or joint ventures for foreign players the main sectors on focus include metal works, crafts, petrochemical, aqua culture, tourism, fresh and processed food and much more.




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