Ecuador-South Korea trade deal: 7,000+ items to enter tariff-free

Ecuador and South Korea have concluded a trade agreement that will eliminate tariffs on over 7,000 Ecuadorian products, including textiles, chocolate, and shrimp, into the South Korean market. The agreement awaits internal ratification by South Korea, leaving implementation timing uncertain. This marks a significant market access expansion for Ecuador, potentially boosting its export sector and diversifying its trade partners.