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Expectation by agreements to be reached with the EU

Posted On 27 Mar 2014

Negociaciones-UE-EcuadorThe Second Round of Negotiations between Ecuador and the European Union (EU) completed its third day of meetings with a good degree of flexibility and willingness of negotiators to compromise on different topics that are discussed according to the Ministry of Foreign Trade of Ecuador.

The Ecuadorian delegation added that the third day of labors reflected progress on issues of market access for industrial goods and origin rules.

In the same way, the negotiating table on issues of services and geographical indications (intellectual property) made various proposals, in order to reach understandings that form the basis for the construction of the final agreement.

Meanwhile, the banana exporters sector remains in expectation of the results of these negotiations. The union is concerned for lack of a trade agreement in 2015, in which the cost of the fruit tariff would increase from $ 0.37 to $ 0.55.

The meetings, which take place since last Monday at Manta conclude today.

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