On November 15, the United States and Ecuador held the second meeting of the United States-Ecuador Trade and Investment Council (TIC). The meeting reflects the interest of both countries in re-engaging and deepening trade and investment ties, and comes after a gap of nine years since the prior meeting. Representatives of both countries discussed a broad range of trade and investment-related issues, including bilateral trade and investment flows, cooperation projects, intellectual property aspects related to trade, investment issues, and trade in agricultural and fishery products.
The delegations were led by Deputy U.S. Trade Representative, Ambassador C.J. Mahoney, and by Ecuador’s Minister of Production, Foreign Trade, and Investment, Mr. Pablo Campana Sáenz. Both delegations were accompanied by officials from a number of trade and regulatory agencies.
The two sides welcomed the opportunity to enhance the bilateral dialogue on these key issues, and agreed on the importance of further expanding trade and investment between the United States and Ecuador, by taking steps to achieve a strong and stable relationship that can contribute to concrete benefits for both nations. We look forward to expanding our efforts in the next TIC meeting planned for Quito in 2019.