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BREAKING NEWS
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

European Union will analyze the decision of maintaining safeguards

Posted On 03 May 2016

 

EU-ECUADORTIMES-ECUADORNEWSThe government yesterday defended the decision of the Committee of Foreign Trade (Comex) to defer the progressive dismantling of the three existing surtaxes (40%, 25% and 15%), which was scheduled for April, May and June 2016, for the same months of 2017.

In March last year, the Comex applied safeguards to 2,961 subheadings ranging from 5%, 15%, 25% and 45%, with a term of 15 months. Eduardo Egas, Minister of Industries, said that as a result of low oil prices and other problems, it was clear that Ecuador could not yet open its foreign trade indiscriminately, and it was still necessary to keep a check on imports.

For Egas, the decision facilitates the process of the country’s accession to the Multiparty Trade Agreement with the European Union (EU). “This is the most appropriate measure for the current moments and causes less complications with our business partners, since safeguards are a known measure, accepted by the rules of the World Trade Organization (WTO) and in the case of the EU, BOP safeguards is a faculty that was incorporated in the negotiations we concluded in July 2014.”

 

 

Source: http://www.eluniverso.com/noticias/2016/05/03/nota/5559213/ue-analizara-decision-mantener-salvaguardias

 

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Ecuador will be able to recover from the strike in the second half of 2022

Posted On 04 Jul 2022

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