
Russia and Ecuador are expanding their investment collaboration with about $1.5 billion worth of new projects, Russian President Vladimir Putin said Tuesday. After a meeting with Ecuadorian counterpart Rafael Correa, President Putin said the two heads of state had discussed Russian business participation in large-scale industrial programmes in Ecuador, including railway infrastructure, according to a Ria Novosti news report. New collaboration opportunities are opening in hydrocarbon prospecting and extraction, while a special priority to be given to collaboration in high-tech sectors, Putin said in Moscow. Correa said Ecuador was interested in broad collaboration with Russian energy companies, in particular Rosneft and Inter RAO, which have already made significant investment in the South American country. Correa also said he hoped to host Putin in Ecuador sometime soon. Russian and Ecuador Tuesday signed a declaration on strategic partnership in politics, security, environmental protection, education, science, culture and tourism. Ecuador is keen to acquire air defence systems and training aircraft from Russia.
GMT 17:19 2018 Thursday ,11 January
China factory gate inflation slows to 13-month lowGMT 17:50 2018 Wednesday ,10 January
German industrial output rebounds in NovemberGMT 17:39 2018 Wednesday ,10 January
Samsung tips record Q4 operating profit of more than $14 bnGMT 17:29 2018 Tuesday ,09 January
German industrial orders dip in NovemberGMT 15:36 2018 Thursday ,04 January
China factory activity accelerated in December: CaixinGMT 13:33 2018 Wednesday ,03 January
Turkey inflation rate eases but still stubbornly high in DecemberGMT 16:27 2018 Monday ,01 January
China manufacturing activity slows in DecemberGMT 17:36 2017 Sunday ,31 December
Spain to leave EU's deficit 'sin bin' next year: Rajoy
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor