Ecuador eliminates tariff sobretasas after crisis balance of payments

Ecuador eliminates tariff sobretasas after crisis balance of payments

23.06.2017 - After a progressive process of dismantling began by reporting that, since january 2016 until 1 june 2017, tariff lassobretasas by balance-of-payments have ultimately been withdrawn by the authorities of Ecuador.? With the complete elimination of tariff sobretasas, imports had experienced a significant upturn which has resulted in increased from 72 per cent in the first half of june 2017, with regard to the same period last year. Mobile and its parts (exclyendo mobile phones), clothes, preparations, refrigerators and freezers, and tvs are the products whose imports have grown to a greater extent, within those who were subject to tariff sobretasas by balance-of-payments difficulties.