ANNOUNCED AS TEMPORARYNo
On 11 June 2012, Ecuador's Trade Committee (Comité de Comerico Exterior COMEX) adopted Resolution No. 64 introducing incremental import tariffs on completely knocked-down (CKD) parts for radios, motor bicycles, televisions, cellular phones and DVD players. The incremental import tariff is negatively correlated to local content requirements: The higher the rate of local content, the lower the import tariff and vice versa. This measure entered into force on 22 June 2012.
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