Ecuador: Trade agreement with China will establish a zero tariff for blueberry shipments

In just two months, the trade agreement between China and Ecuador will come into force, which will establish a zero tariff for shipments of blueberries and dragon fruit to the Asian market. Something similar will happen with products from the Asian nation that enter Ecuador, such as cell phones or machinery. According to the media Expreso, the National Assembly ratified on February 7 with 76 votes in favor, 23 against and 35 abstentions the free trade agreement with the Asian giant. The Minister of Production, Foreign Trade, Investments and Fisheries of Ecuador, Sonsoles García said that the Legislature must notify the president of the approval of the agreement. After the exchange and deposit of the ratification instruments by President Daniel Noboa, it comes into force in 60 days. The trade agreement was approved amid discussions about possible impacts on the environment. In recent weeks, several environmental groups assured that the trade agreement would be negative for Ecuador. ...