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Ecuador's Original English Language Newspaper

$2.4 billion in Chinese loans tied to oil sales not likely to happen in 2020

Published on November 25, 2020
Facebook Twitter Google+ LinkedIn Ecuador’s President Lenin Moreno announced last week that it looked unlikely that the country would be able to meet China’s oil quota requirements for a $2.4 billion loan that had been expected by year’s end. Ecuador is looking for alternatives in case the negotiations to obtain two loans with the state […]

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