Tax Credit Law is now official

Last Monday the Government published in the Official Gazette, the Organic Law of Incentives for the Productive Sector, designed to compensate the affected export sector due to the unilateral withdrawal from Ecuador to the benefit of the ATPDEA tariff preferences, with the...

Rules for payment of tax credits are ready

The regulation designed to facilitate the delivery of Tax Credit Certificates (CAT) “is ready” and just needs to be sent to the Executive for its approval, as announced by the Minister of Production, Richard Espinosa. The guide, proposed by the Executive, will serve...

Government prefers cash compensation for exporters

In 6 days, the tariff preferences with the United States with the ATPDEA will disappear as a result of the unilateral renunciation of the treaty by Ecuador, the Government is obliged to seek immediate compensation solutions for exporters that were affected by the decision, and...

The government will cover 100% of ATPDEA to exporters

Yesterday, after a visit to the polyester yarn factory, Enkador, the Minister of Production, Richard Espinosa, revealed some aspects of the new economic emergency law, which will be sent to the National Assembly, to compensate the exporter sectors which is affected by the...
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Assembly will discuss ATPDEA issue after the Mining Law

Betty Tola, Secretary of Policy Management, said the National Assembly should first discuss the veto to the Mining Law to continue with the urgent economic project to compensate export sectors, following the unilateral withdrawal from Ecuador to the seventh renewal of the Andean...

Alvarado announces Ecuador’s resignation of the ATPDEA with the U.S.

The Ecuadorian Communications Secretary, Fernando Alvarado, announced this Thursday, June 27, that Ecuador unilaterally and irrevocably resigned to the Treaty of Preferences (ATPDEA) with the United States. The action took place due to the threat of certain political and media...
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ATPDEA seems increasingly distant

The head of the Economic and Commercial Section of the Embassy of the United States, Nicole Weber, during her presentation at the Assembly of Members of the Ecuadorian-American Chamber of Commerce, ensured that “the renewal of the Andean Trade Promotion and Drug Eradication...
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Ecuador wants to save export products

Ecuador presented yesterday to the Department of Commerce of the United States, a list of seven products to be included in the Generalized System of Preferences (GSP). Broccoli, roses, pineapples, artichokes and nylon stockings, which now benefit from the tariff preferences...
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