ANNOUNCEMENT 26 Aug 2009In August 2009, the government of Ecuador announced a change in import duties.
NUMBER OF INTERVENTIONS
El Ciudano. (26 August 2009). Gobierno present? medidas econ?micas para incentivar la producci?n y el empleo. To be obtained at http://www.elciudadano.gov.ec/index.php?option=com_content&view=article&id=5181:gobierno-presento-medidas-economicas-para-la-produccion-y-el-empleo&catid=3:economic
Government of Ecuador. (26 August 2009. MEDIDAS ECON?MICAS PARA LA PRODUCCI?N Y EL EMPLEO 'Presentation'. To be obtained at
On August 26 2009, the President of Ecuador, Rafael Correa, proposed "Economic Measures for Production and Employment". The measures included
These measures, and others, have been sent to the National Assembly for approval.
Both measures listed above will be discriminatory, if implemented: the first clearly alters the treatment of foreign commercial interests. The second measure affects the cost of paying for imports and of repatriating profits from foreign subsidaries located in Ecuador.
The Library Archive of the National Assembly does not report that the measure has ever been approved.