Applicable under the U.S.-Ecuador Trade Agreement for qualifying goods with proper documentation and origin certification.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Ecuador Trade Agreement Progress on HS Code Items
Recent negotiations between the United States and Ecuador have focused on reducing tariffs for goods under specific HS Codes, including items of a length not exceeding 4 m. Both countries aim to boost bilateral trade in industrial and construction materials.
2023-10-15
Impact: This could lead to increased exports of relevant products from the U.S. to Ecuador, benefiting manufacturers and lowering costs for Ecuadorian importers.
Ecuador Imposes Temporary Import Quota on U.S. Goods
Ecuador has introduced a temporary quota on certain U.S. imports, including products under HS Codes related to items not exceeding 4 m in length, citing domestic industry protection.
2023-09-20
Impact: U.S. exporters may face reduced market access in Ecuador for these goods, potentially affecting sales volumes in the short term.
U.S. Trade Delegation Visits Ecuador to Discuss Tariff Reductions
A U.S. trade delegation met with Ecuadorian officials to negotiate tariff reductions on various goods, including specific HS Code categories covering items of a length not exceeding 4 m, as part of broader trade talks.
2023-08-05
Impact: Successful negotiations could lower trade barriers, facilitating smoother and more cost-effective trade flows for these products between the two nations.
Policy Updates
Ecuador Updates Import Tariff Schedule for HS Code Categories
Ecuador revised its import tariff schedule, increasing duties on certain HS Code items, including those of a length not exceeding 4 m, to protect local industries while maintaining compliance with international trade agreements.
Date: 2023-09-01
U.S. Extends GSP Benefits for Ecuadorian Imports
The United States renewed the Generalized System of Preferences (GSP) for Ecuador, allowing duty-free access for specific goods but excluding certain HS Code categories like items not exceeding 4 m in length due to competitive concerns.
