WASHINGTON – United States Trade Representative Katherine Tai met today with Ecuador’s Minister of Production, Foreign Trade, Investment, and Fisheries, Julio José Prado. Ambassador Tai and Minister Prado discussed opportunities to strengthen and deepen the U.S.-Ecuador economic and trade relationship.
Ambassador Tai and Minister Prado agreed to prioritize continued engagement under the Protocol on Trade Rules and Transparency that went into effect in August 2021. The Protocol is a centerpiece of the bilateral work achieved under the Trade and Investment Council (TIC). As part of this work, Ambassador Tai and Minister Prado agreed to hold a meeting of the Trade and Investment Council in Washington, D.C. later this year.
The Trade and Investment Council between Ecuador and United States was established in 1990 and updated in 2021 with the Protocol on Trade Rules and Transparency, and includes high-standard provisions on Customs Administration and Trade Facilitation, Good Regulatory Practices, Anticorruption, and cooperation among Small and Medium-Sized Enterprises.
Ambassador Tai and Minister Prado also discussed their shared ambition for the Americas Partnership for Economic Prosperity to improve regional collaboration and enhance resilient supply chains. They agreed to remain in close contact on this initiative and other shared trade priorities in the months ahead.
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