China-Ecuador Free Trade Agreement (FTA) takes effect on May 1, exempting 90% of products from tariffs.
China-Ecuador Free Trade Agreement (FTA) set to take effect on May 1, following domestic approval processes in both countries. The agreement, signed in May 2023, exempts 90% of products traded between China and Ecuador from tariffs, with 60% enjoying zero tariffs immediately. The FTA aims to boost trade and investment, advance economic and trade collaboration, and benefit enterprises and citizens in both countries.
April 29, 2024
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