AGP Executive Report
Last update: an hour agoTrade & Diplomacy: Japan is looking to deepen economic ties with Ecuador, following Mercosur outreach, with plans for a new trade cooperation push. Public Administration: Ecuador President Daniel Noboa moves to merge the Vice Ministry of Aquaculture and Fisheries into a broader economic ministry, drawing skepticism from the fishing industry over capacity and technical decision-making. Agribusiness: Ecuador’s banana exports rose 5.5% year-on-year in H1 2026 to over 210 million boxes, with the EU and Russia leading demand, though El Niño-linked rainfall risks remain. Energy & M&A: Gran Tierra agreed to sell its Colombia and Ecuador oil assets to Maurel & Prom for $1.33bn, a deal framed as a growth repositioning. Security & Crime: Spain and Ecuador dismantled a cocaine network tied to banana shipments, seizing 21 tonnes and arresting 44 suspects. Regional Politics: Colombia’s new hardline president-elect Abelardo de la Espriella is set to be sworn in under heavy security in Cali, with Ecuador’s Daniel Noboa expected to attend. Labor & Climate Risk: The ILO warns El Niño 2026–2027 could hit jobs and incomes across Latin America and the Caribbean, especially vulnerable workers.
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