20% of imports affect exporters

In an interview with El Expreso daily, Daniel Legarda, executive vice president of the Ecuadorian Federation of Exporters (FEDEXPOR), urged as quickly as possible that the authorities review surcharges measure that 20% of imports pay, as this also affects competitiveness in...

Consumers feel the effect of safeguard measures

Products in the Ecuadorian market have raised their prices due to the new tariff surcharges, which according to the government, seek to cope with the dollar appreciation and falling oil prices, settling this way the balance of payments. The fiscal deficit of $ 5,369 million in...

Safeguard measures affect the poorest segments of the population

From March 11 and for 15 months exchange safeguard measures are into force, which levy customs tariffs of 5% to 45% on imported products from 2,961 subheadings, which include clothes, shoes, fruit, meat, in to order to to face the fall in oil prices and the currency devaluation...

Comex resolution increases tariff for spare and parts of cars

Roberto Aspiazu, director of the Ecuadorian Business Committee (EEC) estimated that the government would raise about $ 180 million annually with the tariff reform of 588 items of merchandise. Among the items afflicted with 051-2014 resolution of the Committee of Foreign Trade...

Armed Forces will reduce imports of equipment this year

The Armed Forces indicated they will restrict the purchase of equipment involving imports. The budget provisions for 2015 exceeds $ 207 million; of which $ 54’777.655 (the highest number) will be used for the housing construction for military personnel with family and the...

Glas highlighted the changes of the productive matrix

The first weekly address of 2015 was led by Vice President JorgeGlas. In it,Glas spoke about changes in the productive matrix, the agreements that were signed to reduce imports and strengthen the Special Development Zones. The Vice President said that this year Ecuador will be...

Private sector signed 900 agreements that replace imports

Food, ceramics, toys, furniture, cosmetics and plastics are among the sectors in which the substitution of imports has been achieved, according to the Government’s aim to change the Productive Matrix. However, this was accelerated after the issuance of Resolution 116 of the...

Since yesterday is effective the payment of import tariff for 4×4 system

Since yesterday became effective the collection of the $ 42 fee for those who import through the 4X4 shipping system (up to $ 400 and up to 4 kilos). José Alfredo Jimenez, from CMA Logistics, said that the charging of the rate is currently done in cash because it is a duty. If...