According to the Ministerio de Producción Comercio Exterior Inversiones y Pesca, the agreement provides the access to the Chinese market for 99,6% of the current Ecuadorian goods in immediate or under 10 years tax relief baskets, leveling the access conditions of the Ecuadorian goods other neighbor competing countries have (Peru and Central America). Additionally, aspects related to the cooperation for investments, electronic commerce, competence, and economic cooperation were negotiated.
Chile Celebrates 22nd Anniversary of FTA with South Korea; Projects 2026 as Year of Consolidation
Having surpassed two decades since the signing of the agreement, bilateral trade concluded 2025 with a total exchange of USD 6.801 billion.
