Ecuador: Imported Liquor From Europe prices begin to decrease, with 0 tariff

ELUNIVERSO.COM REPORTED: The first zero-tariff liqueurs that the agreement with the European Union (EU) envisages are not yet imported from Europe, and in Ecuador the bottles in stock are sold at less price. This is a first effect in the liqueur market in the country, since this product and the inputs for agriculture (urea, fertilizers) are those of immediate relief: from January 1, 2017 they enter without paying tariffs.

The first week of the year was short and no company has yet to decouple European liquor, says Felipe Cordovez, president of the Liquor Importers Association and head of the Vinesa company. But prices have begun to fall, because what is sought is to exit the current stock : “Compared to December 2015 prices, in December 2016 there was a 30% reduction.” Read Article

AFTER YOU HAVE HAD A FEW DRINKS OF EUROPEAN LIQUOR DUE TO LOWER PRICES, YOUR SPANISH IN ECUADOR WILL SOUND MUCH BETTER AFTER YOU READ THIS BOOK – SPANISH SLANG ECUADOR