Joint Statement on Framework for United States-Ecuador Agreement on Reciprocal Trade
President Donald J. Trump and President Daniel Noboa affirm a shared vision of growth for both of our countries, grounded in democratic values, private initiative, and a rules-based environment for commerce and innovation.
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President Donald J. Trump and President Daniel Noboa affirm a shared vision of growth for both of our countries, grounded in democratic values, private initiative, and a rules-based environment for commerce and innovation. Seeking to strengthen our commercial and economic relationship, the United States of America (United States, or U.S.) and the Republic of Ecuador (Ecuador) have agreed to a Framework for an Agreement on Reciprocal Trade (Agreement) that will provide access to each other’s markets and increase alignment on economic and national security matters.
The Agreement will build upon longstanding economic engagement, including under the U.S.-Ecuador Trade and Investment Council Agreement, which was signed in 1990 and updated in 2020, expanding opportunities and fueling long-term growth.
Key terms of the Agreement between the United States and Ecuador will include:
Tariffs: Ecuador has committed to reduce or eliminate tariffs in key sectors for the United States, including machinery, health products, ICT goods, chemicals, motor vehicles, and certain agricultural products. Ecuador also intends to establish tariff-rate quotas on a number of other agricultural goods. The United States commits to remove its reciprocal tariffs on certain qualifying exports from Ecuador that cannot be grown, mined, or naturally produced in the United States in sufficient quantities.
Non-Tariff Barriers: The United States and Ecuador will work together to address Ecuador’s non-tariff barriers that affect trade in priority areas. Ecuador has committed to address such barriers, including, for example:
Agriculture: Ecuador is reforming its import licensing and facility registration systems for food and agricultural products to enhance transparency and predictability and reduce onerous and unnecessary barriers to U.S. agricultural exports. Ecuador has committed to ensuring that market access will not be restricted due to the mere use of certain cheese and meat terms.
Trade Facilitation: Ecuador will continue to advance trade facilitation measures, including by ending pre-shipment inspection mandates, establishing contingency plans for its Single Window, and expanding its Authorized Economic Operator program to include express delivery carriers within three months.