Goverment Could Promote Five Export Quality Products

tuna industry

As part of its strategy for a possible non-renewal of ATPDEA tariff preferences, the government seeks to use five export quality products in the General System of Preferences (GSP).

Tuna pouch (holster), roses, artichokes, nylons and broccoli, were considered as the most sensitive products, if not renewed profit.

However, the tuna industry requests to add the canned tuna in order to be submitted to the Government, to Oct. 5, at the Office of the U.S. Trade Representative for inclusion in the GSP, as this item does have a tariff of 35% oil and 12% water.

The Ecuadorian Federation of Exporters (Fedexport) made an analysis on the impact of a non-renewal of ATPDEA, in the first year, which would indicate an impairment tariff of $ 24.3 million in five products, a figure that would rise to $ 40 million.

Fedexport suggests that the impact will be greater as time passes, so that during the first three years of impact, the effects would reach nearly $ 254 million.

(BG)