ANNOUNCEMENT 11 Jun 2012

In June 2012, the government of Ecuador announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 22 Jun 2012 | Removal date: open ended
Still in force

Import tariff

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.