Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Tuna is a product with exporting significance for Ecuador. (Photo: Stock File/FIS)

Trade agreement sought with EU

Click on the flag for more information about Ecuador ECUADOR
Tuesday, March 20, 2012, 00:50 (GMT + 9)

The Ecuadorian government will try to reach a new trade agreement with the European Union (EU), since in 2013 the benefits the country receives for the Generalised System of Preferences (GSP Plus) will expire.

After the business meetings were cancelled in January this year, a delegation headed by councilor Ricardo Patiño and the Coordinating Minister for Production, Santiago León, will try to resume negotiations in Brussels with representatives of the European bloc.

One of the goals of the Ecuadorian delegation is to once more join the Multiparty Trade Association Agreement with the EU, which the country left three years ago due to disagreements.

While Ecuador's proposal is to negotiate a Trade Agreement for Development, Brussels’ idea is a Free Trade Agreement (FTA) as the one signed by the European bloc with Colombia and Peru, which Ecuadorian President Rafael Correa opposes.

However, Manuel Chiriboga, head of the Foreign Trade Centre, believes the country needs to make efforts for the EU to include them in the agreement with Colombia and Peru, and "without expecting a different one to be signed because the country has already lost the opportunity to influence the format when it abandoned the negotiations," he told the newspaper La Hora.

Chiriboga explained the multiparty agreement is broader, including trade issues such as copyright, public procurement, among others. Meanwhile, the development agreement is only limited to the business aspect and takes into account differences among the countries to define the benefits.

The one the EU is interested in is the Partnership Agreement so he said that "Ecuador should make a proposal within the format that the EU has with other countries because otherwise it will not get anything, the possibility of negotiating in another way is completely ruled out."

The EU market accounts for about 30 per cent of the non-oil exports of the country and Ecuador obtains significant benefits with the GSP plus, a duty-free scheme for around 7,000 thousand items.

This benefit extends until 31 December, 2013. However, from 2014, Ecuador will be out as it has exceeded the income that the EU considers to assist developing countries and besides, because most Latin American countries have already reached trade agreements.

According to a study by the Ecuadorian Federation of Exporters, the impact experienced after losing tariff preferences with this bloc will reach USD 2,276 million for loss and diversion of trade in the first three years.

Felipe Ribadeneira, chief executive of the Federation of Exporters of Ecuador (Fedexpor), noted that "the banana [from Ecuador] is recognized as the best of its type, which is also true for other products such as tuna and flowers," therefore he considers it essential that the negotiations become successful, reported El Telégrafo.

José Antonio Camposano, president of the Chamber of Aquaculture, is also optimistic about the tour Leon and Patiño are going on, since 50 per cent of exports of its members are destined to the EU.

In 2011, Ecuador exported frozen shrimp to the European market, with a value added for almost USD 735 million, shipments for which fees between USD 18 and USD 20 million had to be paid.

"For the industry, an agreement with the EU implies the possibility of entering not with 3.6 per cent tariff but with 0 per cent. If what was signed by Colombia and Peru is reviewed, they have 0 per cent in the delivery of frozen shrimp and with value-added. Our goal would be that," Camposano pointed out.

On 26 January, the political advisor of the European delegation in Quito, Mauro Mariani, announced that negotiations with the country were temporarily cancelled due to Ecuador's interest in joining the Mercosur group, which Brussels has been negotiating a trade agreement with since 2000.

Related article:

- Trade agreement with EU expected before the year finishes

By Silvina Corniola
[email protected]
www.fis.com

 


 Print


Click to know how to advertise in FIS
MORE NEWS
Japan
Jan 27, 02:00 (GMT + 9):
Traded volumes and prices of crabs at Tokyio Central Fish Market
United States
Jan 27, 01:00 (GMT + 9):
Greenpeace urges FCF to change its practices following Bumble Bee acquisition
Ukraine
Jan 27, 00:30 (GMT + 9):
Fresh fish exports grow 39% in Jan-Nov-19
Japan
Jan 27, 00:00 (GMT + 9):
Volume and prices of traded products at the Sendai City Central Wholesale Market
United Kingdom
Jan 27, 00:00 (GMT + 9):
MSC reaffirms rigurosity of certification process of fisheries in assessment
United Kingdom
Jan 27, 00:00 (GMT + 9):
Asda will help its seafood suppliers to fight against plastic pollution in the ocean
Chile
Jan 27, 00:00 (GMT + 9):
Sernapesca certifies first industrial fishing vessels with onboard cameras
Uganda
Jan 25, 19:50 (GMT + 9):
IN BRIEF - Seafood exports grow despite regional trade wars
Iceland
Jan 25, 19:50 (GMT + 9):
IN BRIEF - New longliner arrives
United States
Jan 25, 19:10 (GMT + 9):
IN BRIEF - Lab-grown fish company to launch cell-based seafood products in 2021
Norway
Jan 25, 19:00 (GMT + 9):
IN BRIEF - New Norwegian fisheries minister named
United Kingdom
Jan 25, 19:00 (GMT + 9):
IN BRIEF - MCA to use technology to monitor commercial fishing compliance to ILO 188
Norway
Jan 24, 21:30 (GMT + 9):
Wilsgård Fiskeoppdrett AS orders two feed barges from AKVA group
China
Jan 24, 20:00 (GMT + 9):
Octopus (frozen-salted-dried) import and export statistics
European Union
Jan 24, 20:00 (GMT + 9):
Second Recommendation on the Future Strategic Guidelines for the Sustainable Development of EU Aquaculture



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Fishing vessel owner and skipper ordered to pay more than GBP 21k for fisheries offences
United Kingdom The skipper  and the owner of a Scottish-based fishing vessel, who appeared at North Shields Magistrates Court on 10 January 2020, in a prosecution brought by the Marine Management Organisation (...
Snow crab exports to USA 2016-17-18-19 volume and prices (video)
Canada Snow Crab (Chionoecetes opilio) from Atlantic Canada Snow crab thrives in the icy cold, pristine waters of Eastern Canada. With a hard shell encasing sweet, succulent meat, these snow crab are prized...
Imports of frozen squid (China-Chile-Peru-Argentina-USA-Russia) 2017-18-19
Japan       Source: FIS.com | Click to enlarge it [email protected] www.fis.com...
WWF formally objetcs MSC certification of bluefin tuna fishery
Italy Rome, Italy- WWF has formally objected to the first Marine Stewardship Council (MSC) certification of an Atlantic bluefin tuna fishery, warning that this would provide a dangerous incentive to the mar...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim Ltd (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2020 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER