Quito, 25 February 2022 (TDI): One Million dollars amount has been donated to Ecuador by an international organization. This donation is based on Humanitarian aid. This aid’s purpose is to assist and support Venezuelan immigrants living in Ecuador.

Taking to Twitter, Ecuador’s Foreign Minister, Juan Carlos Holguin thanked the international cooperation for donation. Juan Carlos Holguin participated in the delivery event of the donation. This one million dollars donation is given under the Seed Capital Fund.

This donation is for productive enterprises business of the Venezuelan population in Ecuador. Since 2017, Ecuador has become a transit and destination country for Venezuelan immigrants. As of April 2020, there are approximately 445,000 Venezuelans living in Ecuador.

A donation agreement was signed between the Republic of Korea, the Republic of Ecuador, and CORPEI. This donation is part of the implementation of Phase II of the “Ecuador – Venezuela: creating opportunities for prosperity” Project.

In addition, South Korean Government donated 500 thousand dollars. This donation of 500 thousand dollars is added to the contribution of the first phase of the project, for a total of 1 million dollars.

This donation from Korean government demonstrates the interest and commitment of Korea to support people in a situation of human mobility in Ecuador.

CORPEI

A private company CORPEI is a non-profit organization. It is a highly recognized international organization.

It works primarily to provide productive competitiveness services. It focuses on its companies’ insertion into international networks.

It has been in operation for over twenty years. Since then, It is committed to the development of the country, providing them with standard services and professional support. It is done through a team and with the assistance of networks and alliances.

CORPEI has a governing body or Directory made up of public sector entities and Chambers. It also has Associations of the private productive sectors, which constitutes an ideal space to articulate both interests.