ANNOUNCEMENT 11 Feb 2015In February 2015, the government of Ecuador announced a change in import duties.
NUMBER OF INTERVENTIONS
COMEX (2015) Resolucion 008-2014 (Approved in 11-02-2015).
Available from: http://www.comercioexterior.gob.ec/wp-content/uploads/2015/03/Resoluci%C3%B3n-008-2015.pdf
On 11 February 2015, COMEX announced its decision to remove the import tariffs for finished electric vehicles and their completely knocked down kits (CKDs) under HS Code 8702, 8703 and 8704. The benefit is only extended to electric vehicles whose FOB value does not exceed USD 40,000.