As announced by the President of Ecuador and the Minister of Production, Foreign Trade, Investment and Fisheries, the Committee of Foreign Trade sitting en banc issued four Resolutions which reform the tariffs applied to over 200 products[1].
Below you will find the main changes:
Products subject to 0% tariff:
- Milk replacer for feeding calves
- Oils for use in hydraulic transmissions
- Anti-corrosion and antifouling marine paint
- Phenolic resins
- Textile hosepiping and similar textile tubing for pumps
- Locks of a kind used for furniture
- Hydraulic jet pumps for oil extraction
- Collapsible or panel cabinets or tunnels with equipment for freezing
- Machinery for the preparation of fish or crustaceans
- Electrostatic desalters
- Oil dehydration unit
- Intake air filters for spark and compression ignition engines
- Self-propelled wheelbarrows powered by an electric motor
- Single axle tractors, track-laying tractors
- Direction finding compasses including navigation compasses
- Densimeter, hydrometer, and similar floating instruments
- Polarimeters, pH meter, turbidimeters, salinometers and dilatometers
- Microphones and stands thereof
- Electric burglar or fire alarms and similar apparatus
- Portable automatic data processing machines, weighing not more than 10 kg
- Phones and mobile phones including smartphones
- CKD for phones including mobile phones
- Pneumatic tyres of a kind used on buses or lorries compliant with RTE-INEN 011 standard, in favor of the trade unions included in the list prepared by the Ministry of Transport and Public Works.
Products subject to 3.75% tariff:
- Filters for equipping medical apparatus of tariff item 90.18
- Printing machinery and apparatus, flexographic printing machinery
- Injection-moulding machines
- Extruders
- Thermostats
- Printed circuits
- Isolating switches and make-and-break switches
Products subject to 7.5% tariff:
- Hydraulic brake fluids, anti-freezing preparations
- Prepared additives for cements, mortars or concretes
- Composite paper and paperboard made by sticking flat layers of paper together in rolls, folding cartons, boxes and cases, of non-corrugated paper or paperboard
- Sacks and bags, including cones
- Outer soles and heels, of rubber or plastics
- Crown corks
- Lifts without cabins or counterweight
- Wiring sets for spark plugs
Products subject to 11.25% tariff:
- Oil or petrol-filters for internal combustion engines for fuel injection equipment
- Filtering or purifying machinery of a kind used in filters for engines
Drills of all kinds including rotary hammer drills
[1] Resolutions No. 023-2019; 024-2019; 025-2019; 026-2019 issued by the Foreign Trade Committee, published in the Supplement to the Official Register No. 56 of October 8, 2019.
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