IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Oct 2010 | Removal date: 29 Sep 2011

Import tariff quota

On 16 September 2010, the Trade and Investment Board of Ecuador (i.e. Consejo de Comercio Exterior e Inversiones or COMEXI in Spanish) has adopted Resolution No. 584 eliminating temporarily the import tariffs on cotton not carded or combed.

The 0% import tariff only applies to the import of a total of 26,641 metric tonnes of cotton. Previously to this legislation, the tariff rate quota applied to a total of 20,725.2 metric tonnes. 

The general import tariff outside the quota is set at 5%

This measure entered into force on 13 October 2010 for the period of one year.

 
Update
On 31 August 2011, the Foreign Trade Committee (COMEX) of Ecuador adopted a new Resolution establishing a new quota for the period 2011-2012. The new legislation entered into force on 29 September 2011 (please, see related state acts).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

019 Forage; natural rubber; living plants; raw vegetable materials
5201 Cotton, not carded or combed.
520100 Cotton, not carded or combed.

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