Ecuador lifts 100 pct tariff on Colombian goods

Ecuador's customs authority on Sunday issued a resolution to abolish a 100 percent tariff on Colombian goods starting June 1, ending a trade dispute that had strained relations between the two countries in recent months.

The security surcharge on imports originating in or coming from Colombia will be reduced to zero percent, Sandro Castillo, director general of Ecuador's National Customs Service, wrote on X, saying the measure opens a new stage of cooperation between the two countries in security, trade and development.

Castillo said the customs authority will ensure the effective implementation of the decision to strengthen legal trade, regional integration and joint efforts to combat illicit economies.