INSUBCONTINENT EXCLUSIVE:
A memorandum of understanding, intended to bolster political dialogue and cooperation over the next ten years, was formally signed between
the European Union (EU) and Ecuador.This occurred on the sidelines of the EU-Community of Latin American and Caribbean States (CELAC) summit
signatories, with President Guillermo Lasso of Ecuador present.Eight key priority areas were identified in the agreement, including
environmental initiatives such as combatting climate change and promoting sustainable growth and circular economy.Gustavo Manrique
(Photo Internet reproduction)Further priorities encompass the economic and social agenda, focusing on promoting sustainable and inclusive
growth, supporting small and medium enterprises, and enhancing digital innovation.The memorandum also highlights educational and scientific
collaboration, development cooperation, security issues, migration management, investment promotion in various sectors, and multilateral
cooperation in global and regional foreign policy.This agreement could lay the groundwork for a comprehensive future bilateral political
agreement, to supplement the multi-party trade agreement between the EU, Ecuador, Colombia, and Peru.Since the implementation of the free
