Exchange safeguard grossed $ 24.2 million until February

Since January 5 of this year when the exchange safeguard (surcharge applied to products purchased from Colombia and Peru of 21% and 7%, in that order) became effective, until February 28, the National Customs Service of Ecuador raised $ 24’267.319,73. This was reported by...

Ecuador will eliminate safeguards on Colombian exports

Yesterday, Colombian media announced that the exchange safeguard that Ecuador set to Colombia, which is in force since January 5, would be removed this February 27th. The information would have been released by the Ministry of Commerce of Colombia. “Ecuador pledged that...

Ecuador and Peru will meet on Monday to discuss the issue of safeguard measures

The Governments of Ecuador and Peru will meet on Monday in Quito to discuss the implementation of an exchange safeguard measure of 7%, which applies to Peru since January 5th. This would be the second meeting held by the President of Ecuador, developed after the appointment of...