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Wednesday, December 14, 2016 – 15:24 UTC Ecuador's Foreign Minister, Guillaume, long ago signed the agreement with Italy on behalf of his executive branch.
Ecuador has signed a contract with Italy to define the tax obligations of citizens of both nations, in an effort to avoid double taxation on income and wealth and to prevent tax evasion, the Ecuadorian Ministry of Overseas Territories said.
“"This protocol modifies the contract signed in Ecuador and Italy in 1984 and allows for the outlining of the taxes that the aforementioned agreement will observe; in Ecuador, this could be personal income tax, and in Italy, personal income tax, corporate tax, and regional tax on productive actions," the professional stated.
Upon signing the contract, Ecuador's Foreign Minister, Guillaume, stated at length that this "is a vital contract that allows us to choose the residents of each country and the investors who want this variety of devices to no longer be taxed twice and to improve their business activities." Signing the agreement on behalf of Italy was its ambassador in Quito, Marco Tornetta, who emphasized that it is "a contract that is truly signed within the framework of creating economic, fiscal, and exchange rate cooperation between the two countries.".
Italy expressed its “full endorsement” of the trade agreement between Ecuador and Europe in the new document, which is now being brokered by the Ecuadorian internal gains service, within the framework of international cooperation with Italy on tax matters, and is linked to the new signing of Ecuador's Accession Protocol to the exchange agreement with the European Union. In the last year, both international entities signed agreements on debt swaps, cooperation in criminal matters, cooperation on extradition, air resources, and human mobility, among others.
In a separate foreign news report, “National Assembly Speaker Gabriela Rivadeneira and her counterpart in the United Arab Emirates, Amal Al Qubaisi, signed an inter-parliamentary agreement to support ties between the two institutions in the course of changing guidelines on legislative techniques, publications, trusted visits, among other things,” indicated a statement from the Ecuadorian government. The two parliamentary leaders met within the framework of the Summit of Women Speakers of Parliaments being held in Abu Dhabi. Al Qubaisi thanked Rivadeneira for her presence and “highlighted her role as a working model for every young woman and woman,” the commentary stated.
In turn, the top echelon of the Ecuadorian Legislative Department offered some initiatives to promote women's political participation, "such as the Beijing +20 agreements and adolescence in politics, as well as the formation of a community of adolescent parliamentarians." The Beijing +20 discussion forum became an initiative that emerged from the national meeting and UN Girls Ecuador in 2014 with the aim of generating a parliamentary mechanism to monitor the Platform for Action of the Women's Summit held in the Chinese capital in 1995.
Rivadeneira verified “the role and willingness of Ecuador,” in the context of its Alternate Presidency of the Caribbean and the Latin American Parliament (Parlatino), “to coordinate joint actions in the region.” She also highlighted the regulations approved in the assembly, “which have allowed the promotion of public and private investments in strategic sectors.” In addition to gender parity, the forum of parliamentary presidents, which collectively brings together legislators from more than 50 countries, discusses considerations such as climate trade, new geopolitical threats, and the technological landscape.
