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Ecuador plans to establish a spaceport by 2030 with support from private companies such as Leviathan Space Industries and Blackstar Orbital, leveraging its equatorial location for efficient rocket launches. The initiative, involving an investment of up to $800 million, includes developing regulatory frameworks for commercial space flights and signing the Artemis Accords for international collaboration. Concurrently, the EU and Brazil are negotiating a political agreement to strengthen joint investments in lithium and rare earths, addressing supply chain vulnerabilities.