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July 18, 2014

Ecuador

New Trade Agreement with the European Union

 

On July 17, the Ecuadorian Minister of Commerce, Francisco Rivadeneira, said, “After almost four years of work, finally we have reached a balanced [trade] agreement with the European Union.”  He also indicated that the EU will extend the system of preferential tariffs, which had been due to expire in December 2014, until the new trade deal takes effect in the second half of 2016.  For over 30 years, shrimp has been one of Ecuador’s biggest exports to the EU, and the new trade agreement should accelerate that trend.

 

OMARSA, Ecuador’s third largest shrimp exporter after Promarisco and Expalsa, reports, “We are excited to announce this positive news to our European customers who were worried about the elimination of the preferential tariffs in December.  Let’s keep the business going!  We are looking forward to continued growth in the European market with our sustainable shrimp!”

 

Information: Lourdes Jaramillo, OMARSA S.A., Lotización Industrial Al Rio Solar 3, Guayas-Durán, Ecuador (phone +593-4-255-0220, Skype: jaramillo.lourdes, fax +593-4-255-0169, email sales@omarsa.com.ec, webpage http://www.omarsa.com.ec/index.php/es/).

 

Source: Email to Shrimp News International from Marketing y Ferias (marketing@omarsa.com.ec).  Subject: OMARSA Celebrates the Positive End of Negotiations With the European Union (EU).  July 17, 2014.

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