Ecuador exports 5,000 tons of crude African palm oil to Venezuela

Posted on January 12, 2011 • Filed under: Business, Economy, Ecuador, Venezuela

Ecuador exported 5,000 tons of crude African palm oil to Venezuela, traded in Sucres, the legal tender of the Bolivarian Alliance for the Peoples of Our America (Alba), the Ecuadorian Executive Office reported on Tuesday. They added that the deal, led by state-run National Development Bank of Ecuador, is within the framework of a bi-monthly trade agreement executed between industries of both countries, AFP reported. Read Article

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