On December 8, 2020, in a press release, the Office of the U.S. Trade Representative (USTR) announced the signing of a new Protocol on Trade Rules and Transparency. The Protocol updates the U.S.-Ecuador Trade and Investment Council Agreement to include four annexes on Customs Administration and Trade Facilitation, Good Regulatory Practices, Anticorruption, and Small and Medium-Sized Enterprises.
According to the press release, the U.S. and Ecuador are working “to promote increased trade, including by promoting reform of Ecuador’s import licensing regime.”
The press release can be found here:
The Protocol text can be found here: