Gaddafi travel to Washington to seek extension of ATPDEA
Ecuadorians A business delegation traveled yesterday to Washington to ask Congress U.S. to extend to your country tariff preferences Andean ATPDEA (for its initials in English), informed the Ecuadorian-American Chamber of Commerce.
Five entrepreneurs representing textile, fruit, bananas, tuna and broccoli, will meet from tomorrow until Friday with congressional advisers and U.S. producers, explained a spokeswoman for the House .
tariff preferences are included within the Trade Promotion Act and Drug Eradication Act ("Andean Trade Promotion and Drug Eradication Act, ATPDEA), under which the U.S. government recognizes the efforts of the counter-narcotics in the Andean countries.
That program expired on February 12, and it is now Ecuador's exports to pay customs taxes when entering the United States.
President of Ecuador, Rafael Correa, a month ago signed an agreement with Executive which gives a tax credit to compensate exporters lost preferences.
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