• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Police capture the State Comptroller General, Pablo Celi, for alleged organized crime
Jaime Durán Barba, the ‘electoral guru’ who was key in Guillermo Lasso’s victory
Guillermo Lasso: the US and Ecuador will once again be allies
Rafael Correa: We honestly believed we were winning, but our projections were wrong
The European Union will continue to ‘strengthen’ cooperation with the new Government of Ecuador
With 99% of the minutes scrutinized, Guillemo Lasso wins the Presidency with 52.42%
Ecuador applies two doses of vaccine for every 100 inhabitants. How many are administered in other 48 countries in America?
Ecuadorian migrant died after falling from the border wall between the United States and Mexico
On April 13, vaccination will begin in Guayaquil with doses of Sinovac, within the Municipality-Government agreement
Facebook removes 390 accounts, focused on Ecuador, from that social network and Instagram for ‘foreign interference’

The EU can not enter used goods into Ecuador

Posted On 31 Oct 2016
ue-ecuadortimes
Ecuador gained immediate access (no fees) to the European market for all industrial products; however, the EU will have to wait until ten years to achieve something similar.

The agreement the country negotiated with that block, and which shall be signed on November 11, establishes certain limitations for the European industry which expects to export its products to the Ecuadorian market. 73% of the goods that enter the country will do so with zero duty, and the other 27% must be subjected to a tariff reduction that will end in 5, 7 and 10 years. In the group of products that will not pay taxes from 5 to 10 years are certain medicines, machinery, products of metal smelting and trucks; in the second group (7 years) are private vehicles, passenger vehicles, CKDs, tiles, colorants and plastic raw materials.

Moreover, Ecuador did not accept the EU proposal to export (cold) vehicles manufactured two years before the importation. Therefore, imports of cold vehicles and used cars are still prohibited.

Source: http://expreso.ec/economia/la-ue-no-podra-ingresar-a-ecuador-bienes-usados-XK815066

About the Author
  • google-share
Previous Story

Petroecuador: agents investigate if prosecuted people donated goods

Next Story

Transgenics are already in Colombia

SEARCH

LATEST NEWS

Police capture the State Comptroller General, Pablo Celi, for alleged organized crime

Posted On 13 Apr 2021

Jaime Durán Barba, the 'electoral guru' who was key in Guillermo Lasso's victory

Posted On 13 Apr 2021

Guillermo Lasso: the US and Ecuador will once again be allies

Posted On 13 Apr 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net