Applicable under the U.S.-Ecuador Trade Agreement for qualifying goods meeting rules of origin.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Ecuador Trade Agreement Discussions Advance
Recent talks between the U.S. and Ecuador have focused on expanding trade under specific subheadings of U.S. note 21(s), particularly for agricultural and textile products. Negotiations aim to reduce barriers and enhance market access.
October 15, 2023
Impact: This could lead to increased exports of Ecuadorian goods to the U.S. under designated HS codes, potentially boosting bilateral trade volume and benefiting Ecuadorian producers.
Ecuador Seeks Extension of Preferential Trade Status with U.S.
Ecuador has requested an extension of trade preferences under U.S. note 21(s) provisions, emphasizing the importance of duty-free access for key exports like flowers and seafood to the U.S. market.
September 20, 2023
Impact: If approved, this extension would maintain competitive pricing for Ecuadorian products in the U.S., supporting exporters and preserving trade flows under relevant HS codes.
U.S. Imposes Temporary Quotas on Ecuadorian Imports Under Note 21(s)
The U.S. has introduced temporary import quotas on certain Ecuadorian products covered by subheadings in U.S. note 21(s) due to domestic industry concerns, affecting specific agricultural goods.
August 5, 2023
Impact: These quotas may limit Ecuadorian export volumes to the U.S., potentially disrupting supply chains and increasing costs for American importers reliant on these goods.
Policy Updates
Review of U.S. Note 21(s) Trade Preferences for Ecuador
The U.S. Trade Representative announced a formal review of trade preferences granted to Ecuador under subheadings enumerated in U.S. note 21(s), with a focus on compliance with labor and environmental standards.
Date: October 1, 2023
Update to HS Code Classifications Under U.S. Note 21(s)
The U.S. International Trade Commission updated the list of HS codes eligible for preferential treatment under U.S. note 21(s), adding certain Ecuadorian textile categories while removing others due to market saturation.
