[4] In 2014, Ecuadorian Foreign Minister Ricardo Patiño concluded his first official visit to Malaysia and both began to increase their economic partnership in bilateral relations.

[8][3][9] Several Memorandum of Understanding (MoU) has been signed by both countries to enhance the economic relations.

[9][10][11] Other than that, an agreement between the Port Klang Authority and the Port Authority of Manta which could connect the ASEAN countries to the South American markets through Ecuador has been signed including an agreement on innovation and technology transfer.

[14] In the education sector, Ecuador has offered The National University of Malaysia (UKM) to participate in a ground-breaking educational project at a new visionary city in the South American country and the country has requested Malaysian institutions of higher learning to take part in the transformation of Ecuador's economy.

[15] Furthermore, Malaysia also has funded a monorail project in Rumiñahui and was committed to strengthening bilateral relationship with Ecuador through the realisation of co-operation programs and boosting financing on infrastructure projects in Ecuador.