Ecuador informed to the CAN the application of safeguards

The Government of Ecuador announced yesterday to its partners of the Andean Community (CAN) the application of customs safeguards applied to one third of its imports in order to placate the serious effect on its balance of payments due to the falling price of oil and the dollar...

Statements of a possible output of Ecuador from the CAN worries employers

Business representatives reacted with concern yesterday after President Rafael Correa indicated on Tuesday in Guayaquil that the continuity of the country in the Andean Community (CAN) should be “seriously considered.”  Blasco Peñaherrera, head of the Chamber of...

Ecuador will study its continuity in the CAN

President Rafael Correa said yesterday that the continuity of the country in the Andean Community (CAN for its Spanish acronym) should be “seriously examined.” These statements were given after the CAN issued last week a contrary resolution to the trade protection...

Colombian Government rejects tariff of 21% imposed by Ecuador to goods

Colombia’s government yesterday expressed its rejection to the “surprising and without consultation” resolution of Ecuador to apply a safeguard exchange of 21% to the Colombian exports, official sources announced. “The Government of Colombia emphatically...