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Ecuador Political News

Ecuador to close embassies, state firms over virus crisis- Yahoo News

Ecuador landscape

Ecuador said Tuesday it is closing several embassies and state enterprises to save money amid an economic crisis provoked by the coronavirus pandemic.

“We will close … embassies and diplomatic offices,” President Lenin Moreno said in a speech on television and radio as he presented a plan to save more than $4 billion.

Ambassadors to Iran, Nicaragua, Malaysia and the Andean Parliament will be recalled, leaving those diplomatic missions in the hands of lower-ranking officials.

Consulates in the Mexican town of Tapachula and Valencia in Venezuela will also be closed altogether.

To read the full article on Yahoo News, click here.


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