China Provided New Credit Line to Ecuador: Sommerfeld

July 30, 2025, 1:46 PM UTC

China agreed to provide a new credit line to Ecuador during a weeklong visit to China by President Daniel Noboa and part of his cabinet late June, Ecuador’s Foreign Minister Gabriela Sommerfeld said in an interview with Radio Quito.

  • “If I’m not mistaken, $600 million were obtained” mainly to invest in power generation and transmission, Sommerfeld said
  • Regarding trade negotiations with the US, Sommerfeld said she expects a final decision by the US on tariffs next month
  • “The technical meetings led by the production ministry, also with foreign ministry support, have ended” with the US trade representative, Sommerfeld said
  • Colombia’s ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.