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The trade agreement between Ecuador and El Salvador enters into force

The trade agreement between Ecuador and El Salvador entered into force today and will allow the entry of new Ecuadorian products to a market of more than six million inhabitants, reported the Ministry of Foreign Trade.

Quito, Nov 16 (EFE) .- The trade agreement between Ecuador and El Salvador entered into force today and will allow the entry of new Ecuadorian products to a market of more than six million dollars. inhabitants, informed the Ministry of Foreign Trade.

Among the products that are exported to El Salvador and that benefit from preferences are refrigerators and freezers, leather and skins, bottles, toilet seats and covers, flowers and fresh buds, among others, detailed in a statement.

In addition, Ecuador is the main supplier of fuel stoves and table stoves; validity of the agreement, Ecuador will benefit from tariff preferences for 207 products, of which 50 correspond to the agricultural sector and 157 to industrialized goods.

The Agreement will allow 161 products from Ecuador to enter the Salvadoran market without paying a tariff, 200 products will benefit from an immediate tariff reduction, only three products will be tax-exempt. three years and four products in five years progressively, he added.

According to the Ministry, with this agreement, Ecuador managed to protect sensitive sectors of the country, such as sugar, textiles and clothing, emphasis was also placed on small productive units, minority companies, micro, small and medium-sized enterprises, and the inclusive nature of commerce.

The integration, through bilateral trade, of quality goods with added value that will guarantee the natural heritage and the use of technologies will be promoted. clean.

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