[Economics] Decisive hours are lived in dialogues between carriers and the Government on targeting the fuel subsidy

[#Wittels-]

Napoleón Cabrera, union representative, said that they have asked the Government to pronounce itself in writing until October 26 or the dialogues could be broken.

The next few hours are key to know if there will be an agreement between carriers and the Government on fuel prices or if the dialogues break down. This morning, Napoleón Cabrera, president of the National Federation of Mixed and Medium Light Transport of Ecuador and who is part of the transport commission that maintains the dialogues, that on Wednesday night they did not reach any agreement and that they have decided to ask the Government a written communication, until October 26, on the subject of targeting.

Otherwise, the dialogue would be broken and the transport federations would be communicated so that each one can make the decisions that are considered necessary.

 

The statements were made by Cabrera in the newscast La hora key del Austro. He explained that the approach of the carriers has been that the price is focused, and not that compensation be delivered. They propose a price of $ 2.39 for extra gasoline and $ 1.70 for diesel. But, according to him, the government plan is practically at international prices, at $ 2.70 for gasoline and diesel at $ 2.10, prices that have been rejected by the Commission.

In such a way that this afternoon, the carriers await a new proposal from the Government, as Cabrera said that the intention of the carriers is to exhaust all dialogue options.

Additionally, that in the dialogue tables, the carriers have shown the Government that the carrier's operation cannot continue to be maintained with the current price and even worse with the future price that is being raised.

They have also indicated that gasoline, at the moment, is more expensive than Colombian. That is why they have asked to be shown with what parameters they are measuring international prices. He also explained that the Ecuadorian gasoline is euro 2, the Colombian euro 4, so it does not make sense that ours is more expensive. He also indicated that the transport sector seeks targeting for all modalities, that is, for the public and commercial. In any case, he said that the Government has already accepted that targeting is for everyone and that it has lowered its aspiration with respect to diesel somewhat.

 

Link: https://www.eluniverso.com/noticias/economia/horas-decisivas-se-vive-en-dialogos-entre-transportistas-y-el-gobierno-sobre-focalizacion-del-subsidio-a-combustibles-nota/