IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 Jun 2012 | Removal date: 31 Dec 2014
Still in force

Localisation incentive

On June 11, 2012, the Foreign Trade Committee of the Ecuadorian Government issued Resolution 65 allowing a reduction in the import tariffs on vehicle assembly kits depending on the amount of locally-produced components that were t be integrated to the assembly kits. The applicable import tariffs ranged from 4.38% to 35%, depending on the percentage of the assembled auto parts made up of Ecuadorian products considering 5% the least and 20% the maximum percentages that apply for the tariff discount.  

This State act was to be abolished on December 31, 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870321 Of a cylinder capacity not exceeding 1,000 cc
870322 Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc
870324 Of a cylinder capacity exceeding 3,000 cc
870332 Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc
870390 Other
8704 Motor vehicles for the transport of goods.
870421 g.v.w. not exceeding 5 tonnes
870431 g.v.w. not exceeding 5 tonnes

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