Up until now, Ecuador and Russia have signed 29 agreements in many scopes, which have allowed securing the bonds of strategic partners.
According to data of the Federal Customs Service of Russia (FTS), exports of Ecuador to the Russian Federation have increased by 69% over the past five years (2008-2012), highlighting the floricultural sector with an input increase in the Russian market of 172% in the last 60 months, along with other products of the Ecuadorian exportable offer: shrimp, pineapple, and bananas, according to facts from the Central Bank of Ecuador (ECB).
The commercial balance between both countries is 441,978 thousands of dollars until September 2012, and Ecuador has become the 3rd Latin-American country to which the Russian Federation imports products with a 18, 52% of participation until 2010.
These advances in commercial matter have been accomplished thanks to the efforts of the Government to strengthen bilateral relationships, for which it is important to recall the first visit of Ecuador´s President, Rafael Correa, in 2009 to the Russian Federation after 67 years of bilateral relationship with the Euro-Asiatic Nation. Such encounter marked a very important milestone in the history of bilateral relations, due to the fact that numerous parallel meetings were held in many scopes of regarding national development.
In this regard, the Ambassador of Ecuador to Russia, Patricio Chavez Zavala, stressed that the results obtained from this visit lay the foundations for a long and prosperous cooperation, and also opens the way for the peoples of Ecuador and Russian to approach.
The historical date concluded with the signing of important instruments such as the denomination of Strategic Partners that the nations subscribed and the first reunions od the Ecuadorian-Russian intergovernmental economic-commercial commission.
Another crucial point was the visit of Ecuador´s Vice president, Lenin Moreno, to Russia, in 2010, where he subscribed training agreements such as: The signed contract with the Institute of circus and varieties of Moscow: so the young Ecuadorians can develop abilities and obtain a professional formation in circus arts; and the agreement with the Humanitarian Social State Institute of Moscow, which granted the country five scholarships for university to Ecuadorian handicapped teenagers.
On his part, in2011, Minister of Foreign Affairs, Trade and Integration, Ricardo Patiño, visited Belarus and Azerbaijan Achieving the strengthening of the friendship and cooperation bonds between the two nations.
In Belarus the Minister Patiño met with the Head of State, Alexander Lukashenko with whom addressed issues of international politics and with whom they agreed on the need to promote the multipolar world that Ecuador promotes and supports. They also addressed issues of bilateral cooperation in the economic, political, diplomatic, scientific and cultural aspects.
Later on, he met with his Belarusian counterpart, Serguey Martinov, to address current international topics, the state of the bilateral relationships, and the desire of organizing a Ecuadorian enterprise mission that visits Belarus to establish commercial relations with their counterparts was laid out; as well as the necessity of propelling the creation of projects and mixed business that allow the technological transmission and development of Ecuador.
The contracts signed between Ecuador and Belarus in commercial matter are “A memorandum for the establishing of the Ecuadorian-Belarusian Commerce and Economic Cooperation Commission” and “ A Memorandum of understanding”.
During the visit, Minister Patiño, reiterated Ecuador´s interest for becoming an active participant of the benefits of the Agreement of Association between Belarus, Russia and Kazajstan and their common custom zone.
In Azerbaijan had a meeting with the prime agent of that country, Ilham Aliyev, in which he emphasized the interest of Ecuador to find in Azerbaijan not only a business partner, but also a strategic partner in the different areas of the development of both nations. He also expressed the desire of this country to increase and fortify bilateral trade relations in order to take advantage of the strategic position in the Caspian Sea.
On October of the present year, the Vice Minister of Foreign Affairs and Political Integration, Marco Albuja and Minister of Foreign Trade and Economic Integration, Francisco Rivadeneira, visited Russia. The encounter allowed great achievements with the counterparts, and also, the authorities’ availability was highlighted regarding the bond strengthening with Ecuador in different aspects such as: political dialogue, trade and cooperation.
On that subject, the Ecuadorian diplomat, Patricio Chávez pointed out that for Ecuador, the relationship with Russia has a special interest, since it’s the 3rd destination country of the non-oil domestic exports and the second of the roses.
On the other hand, Ambassador Chávez, participated for the second time in the Worldwide Economic Forum from May 21st to the 24th in Astana, capital of the Republic of Kazakhstan, where the achievements of the Citizen´s Revolution were exposed, and highlighted the great market for business that the country has, the benefits and protection that is offered to foreign investors.
In the last five years, many work meetings with businessmen have been held in 9 cities of Russia (Moscow, St. Petersburg, Novosibirsk, Vladivostok, Ekaterinburg, Samara, Sochi, Kursk and Belgorod), and commercial presentations in 7 other countries.
PRESS RELEASE No. 1346