Ecuador, FTA and International Trade. Solutions and Results.-

WorldWide Tech & Science. Francisco De Jesùs.

Ecuador, FTA and International Trade. Solutions and Results.-

The small Andean countries in population and in developing like  Ecuador are not able to sign FTA with any developed country in the Americas, Europe or another continent.

Farmers and small producers mainly supply the domestic market more than the outside would be seriously affected by the high volume of production in countries with greater population and development than ours. Simply go bankrupt, leaving  helpless to millions of Ecuadorians.

SOLUTIONS. –

 Ecuador must establish other more practical solutions for international trade mostly with imbalances between exports and imports.

With a comparative table of trade with each of the countries in the world of final figures of the trade balance and a detailed micro analysis of the products that are imported, country by country could develop a model project full of benefits such as tax exemptions by a number of years, and  invite friendly countries producers to a domestic production in Ecuador, assuring us to encourage especially those with strong export presence in other countries and  beyond supplying only the domestic market.

RESULTS: -

. Equilibrium in the balance of payments.

. Generation of new jobs.

 . Reducing crime.

. Increased domestic consumption.

 . Increased export presence of  Ecuador.

 . Increased foreign exchange earnings.

 . Best technological level in production.

 . Training our labor supply, raising its level.

. Decreased brain drain in order to reach zero and the return of our overseas professionals.

Francisco De Jesùs, Ecuador.