In a major step toward reinforcing regional cooperation and diplomatic trust, the Foreign Affairs Ministers of Ecuador and Peru held a bilateral meeting in Quito aimed at deepening political, economic, and security collaboration. The dialogue marked an important milestone in the lead-up to the 17th Peru–Ecuador Binational Cabinet, which will…
Ecuador’s political situation turned tense this week when President Daniel Noboa’s convoy was attacked by protesters. The violent incident has created new worries among investors, leading to a fall in the country’s dollar bonds. The attack happened just weeks after Noboa’s government decided to end a long-standing diesel subsidy, a…
Peru has taken a strategically bold step by establishing a legal presence in Ecuador to accelerate and secure crude oil purchases. Through this structural move, Petroperú gains direct access to local tender processes and smoother contracting mechanisms—especially for the key Oriente and Napo grades destined for the Talara Refinery. The…