Application of Safeguards is defended by Correa again

President Rafael Correa again defended the application of safeguards to certain products due to current circumstances in international markets. The president explained that given the appreciation of the dollar in international markets the country loses competitiveness. He cited...

Resolution 116 makes imports fall by 29%

After eight months of being in force, the Resolution 116 of the Committee of Foreign Trade (Comex) has permitted the government to lower imports of products. The legislation ordered a previous import control for 292 tariff items and also to submit a certificate of quality...