• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Ecuador, in a silent commercial fight with other nations

Posted On 11 Oct 2017

Ecuadornews:

 

 

If other countries in the region do not facilitate the entry of Ecuadorian products into their markets, Ecuador traces a plan to do something similar. That is summarized into the punishment the country has begun to apply to 38 tariff subheadings of products that come from Colombia and Brazil. And although entrepreneurs understand the measure, they do not share the way in which it is applied. They complain about the obstacles this generates in their daily activity and warn about a possible price increase of the imported product.

The measure implies that these products, once they have entered Customs, begin to be qualified with more rigorous parameters that prove their origin. And that, until that happens, the importers are obliged to cancel a guarantee for the payment of tariffs that, in case of irregularity, have to be taxed to these articles.

Gabriela Uquillas, an expert on customs issues and business adviser, explains that both measures are legally justified by the restrictions  Colombia has been applying for years to certain Ecuadorian products such as rice; and Brazil to Ecuadorian banana and shrimp. However, importers question the measure and the economic effects. (I)

 

 

 

 

Source: http://www.expreso.ec/economia/ecuador-en-una-silente-pelea-comercial-con-otras-naciones-YJ1759551

About the Author
  • google-share
Previous Story

Diversity and costs challenge cooperatives

Next Story

Economic measures: changes in taxes and labor contracts

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net