In Ecuador, the dissolution of its National Assembly leads to delay of FTA beginning with China
The banana industry and the other sectors of Ecuador are doing their homework and have an agreement on free trade (FTA) that was signed with China and now are waiting a little longer duration before they are able to enjoy the advantages. This is because Ecuador's president Guillermo Lasso dissolved the National Assembly on May 17, 2023, and called for a new election in order to stop an attempt by the opposition to remove the president. This National Assembly is needed to accept the deal. The proposed FTA which was concluded with China on the 10th of May, 2023, is expected [...]