Ecuador Business The Benefits

Ecuador louis vuitton handbags outlet is located in Latin America sharing borders with Peru and Colombia. It is considered as the fourth smallest country in South America. The city of Quito is the capital. Spanish is the official language although sometimes English is spoken in the business community. The currency is the US dollar.

Ecuador business is very well known for its strong banana and flower exports. Its main industry is petroleum, food processing, textiles, wood products and chemicals. Its main exports partners are the US, Peru, Chile, Russia and Colombia. Its main imports partners are the US, Colombia, China, Brazil and Japan.

Ecuador business also revolve around a tax free zone which is an important trade platform in the region called Manabi. This geographic area was created to encourage trade with its neighboring countries and make the economy more dynamic in general. It was also created to attract large amounts of investments that would create jobs. The benefits include tax exoneration and tariff mortgages for the imports of merchandise, goods, raw material, equipments, machinery, materials and implements. The Manabi Free Zone is located in the Metropolitan area of Eloy Alfaro near Manta Ecuador. Zoframa easyshoppingboutique S.A. is the company in charge of the administration and development of this free trade zone.

In order to start Ecuador business, you can contact embassies and consulates to get more louis vuitton outlet industry specific information. To search for Ecuadorian products and companies, register to B2B marketplaces. For best results, try to find portals that specializes in Latin America.

As demonstrated in this article , Ecuador business does have various opportunities for foreign companies looking to increase their sales worldwide and expand to new markets.





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