Trade and markets
 

Detail

Area
Ecuador
Commodity Group
Rice
Commodity
All
Date
29/12/2014
Policy Category
Trade
Policy Instrument
Import levies, safeguard measures
Description
Decided to impose a temporary duty of 7 percent for goods originated in Peru and of 21 percent for imports from Colombia. The measure seeks to mitigate the impact of a devaluation in the Peruvian and Colombian currencies on Ecuador's dollarized economy and will be effective starting on 5 January 2015.