State of Emergency Declared for Ecuador Banana Sector

The Ecuador government announced that for 5 weeks they will buy the un-exported banana produced by local farmers due to the decrease in international demand caused by the slowdown in the world economy.

According to the association AEBE, 4,200,000 boxes of bananas are exported weekly from Ecuador, of which currently only 3,000,000 are being bought by the world market.

And to get notified of all the latest property deals in Ecuador NO ONE else knows about, as soon as they become available, sign up for the weekly Ecuador Insider’s Newsletter below (you can unsubscribe at ANY time):

First Name
* Email
* = Required Field

Leave a Reply

Your email address will not be published.