Trade Agreements Ecuador

Email: consulado.ecuador@skynet.be/cecubruselas@cancilleria.gob.ec Technical Rules define specific characteristics that a product should have in terms of design, labelling, labelling, packaging, functionality and performance intended to protect human health, safety and environmental standards. However, it can be expensive for traders to meet different requirements in different markets. The commercial agreement also ensures that you, as a service provider, are not discriminated against in the sectors available to you. The agreement ensures more transparent and simplified customs procedures to facilitate trade and reduce costs for businesses. The trade agreement provides increased protection of intellectual property rights for your imports/exports to and from Colombia, Ecuador or Peru. The EU-Colombia-Peru-Ecuador trade agreement strikes a balance between trade, which facilitates the harmonisation of SPS rules, and the protection of existing national health rules, ensuring that standards are not compromised. Negotiations on Ecuador`s accession to the trade agreement with Colombia and Peru were concluded in July 2014. The Protocol of Accession to Ecuador was signed in November 2016 and has been provisionally applied since 1 January 2017. The objective of Chapter 4 is to improve the legal framework for investors from EFTA countries and Ecuador who invest in the markets of the other country. This objective is achieved through the granting of non-discriminatory rights of establishment and exploitation (“commercial presence”) in sectors not covered by the Chapter on Trade in Services. In some economic sectors, Contracting Parties have introduced into their national legislation reservations regarding reserve treatment due to restrictions (Annex XV). The chapter is subject to regular review in order to develop the commitments of the Contracting Parties.

Chapter 3 closely follows the approach of the WTO General Agreement on Trade in Services (GATS). It covers trade in all services sectors among the four types of supply. Separate Annexes on Financial Services (Annex XI), Telecommunications Services (Annex XII), Free Movement of Natural Persons Providing Services (Annex XIII) and Maritime Transport Services (Annex XIV) complete the chapter with additional sectoral disciplines. The lists of specific obligations and derogations from the most-favoured-nation regime of the Contracting Parties are set out in Annexes IX and X respectively. These schedules are regularly reviewed in order to further liberalise trade in services between the two parties. While technical rules are important, they can also be barriers to international trade, which is a considerable burden for you as an exporter. The agreement gradually opens up markets on both sides and increases the stability and predictability of the business and investment environment. As a large-scale free trade agreement, it covers trade in goods, trade in services, establishment (investment), intellectual property rights, government procurement, competition, trade, sustainable development and cooperation. In the area of trade in goods, the EFTA States waive all customs duties on imports of industrial products, including fish and other seafood products, originating in Ecuador. Ecuador will phase out or reduce tariffs on industrial products, including fish and other seafood products, originating in an EFTA State. Short-term business travellers from the EU can stay temporarily in Colombia, Ecuador and Peru, and vice versa. These include service providers responsible for providing a service to a final consumer in the European Union (architecture, engineering, medical services, research and design, market research, fairs, tourism).

The EU, Colombia and Peru concluded trade negotiations in 2011. The EU-Colombia-Peru trade agreement was signed in June 2012. The agreement has been provisionally applied with Peru since March 2013 and with Colombia since August 2013. . . .