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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
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Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
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Conaie agrees to meet with representatives of all State powers
Ecuador’s oil production falls 51% due to national strike
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“Cacerolazo” for Peace in Quito
Contecon will extend the free storage time by 40%, in support of the export sector affected by strikes

Preliminary list for general safeguard application is ready

Posted On 24 Feb 2015

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Minister of Industries Ramiro Gonzalez said yesterday that the preliminary list of products on which the safeguard will be applied by balance of payments would be completed.

Authorities of the production Front and President Rafael Correa said that in late February multilateral measures would be applied, which, according to the Minister, is a safeguard for BOP, a system that was implemented in 2009.

The Government explained it has worked in the recent weeks in the list that is currently being reviewed.

Authorities still prefer not to disclose the number of tariffs that are on the list but clarified that a complete overhaul of raw materials, fuel and capital goods was made to determine which of them will be excluded, in order not to affect the national production.

Diego Aulestia shall sign the resolution on safeguards. Yesterday, the official held meetings in Quito with his advisers and Deputy Minister Genaro Baldeón.

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