Ecuador: FAS Quito Intervention Protects US Market Share in Wheat Market

On December 23, 2016, Ecuador’s Foreign Trade Committee passed the extension of the current tariff and duty exemption for wheat imports from all origins (including the United States). The three-year exemption extension is effective January 1, 2017. The outcome resulted from FAS Quito’s collaboration with the Government of Ecuador, combined with advocacy by the U.S. Embassy, the U.S. Wheat Associates, and the Ecuadorian Association of Wheat Millers (ASEMOL). As a result of the extension, FAS Quito forecasts $65 million in U.S. wheat sales to Ecuador in 2017.

Ecuador: FAS Quito Intervention Protects US Market Share in Wheat Market