By Timothy Edward Josling
Bankruptcy on Ecuador bargains a comparability with different Andean Pact nations. It argues that Ecuador is so much wanting balance and protection provided through nearby marketplace entry.
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Extra info for Agricultural Trade Policies in the Andean Group: Issues and Options (World Bank Technical Paper)
21 Ecuador, a late convert to the advantages of multilateral trade rules, has recently joined the GATT and the WTO. Ecuador is a member of the GRAN, and participates in the Andean Free Trade Zone which gives duty free access for goods to and from Colombia, Venezuela and Bolivia. Ecuador signed a more limited bilateral free-trade agreement with Peru in 1993, covering about 400 items. Peru has for the past few years been the major trading partner for Ecuador, in particular as a purchaser of Ecuadorian petroleum products.
This paper is intended to complement the trade policy studies by emphasizing the agricultural trade options open to each country, by looking at the agricultural trade policy in the light of changes in trade policy generally, and by discussing the particular role that the Andean Pact is playing and might play in the liberalization of agricultural markets. My thanks are due to Raquel Artecona for skillful research assistance and to Alberto Valdés, John Heath and Demetris Papageorgiou for comments on a draft.
It would appear that the substantive argument against the adoption of the SAPF is that it would tend to raise the price of imported commodities and support high-cost domestic production. 9 9 High transport costs are also a reason why Colombia and Venezuela are less likely to insist that Bolivia adopt the SAPF Transshipment of low priced goods through Bolivia is unlikely to be a major problem in these markets. Page 8 3 Colombia Background Colombia is the most populous country of the Andean Pact (34 million), and has the second largest economy after Venezuela.
Agricultural Trade Policies in the Andean Group: Issues and Options (World Bank Technical Paper) by Timothy Edward Josling