Peru: Peru and Columbia Prevail in CAN: Ecuador Ordered to Remove Safeguard on Imports
The Andean Community of Nation's (CAN) issued Resolution 1762 on February 8, 2015, establishing that Ecuador is not authorized to impose import safeguards for goods originating from Peru and Colombia. The Resolution demands that Ecuador dismantles such safeguards and returns collected taxes to exporting companies from these countries. This Resolution will likely ignite a major debate within the CAN.
Peru: Peru and Columbia Prevail in CAN: Ecuador Ordered to Remove Safeguard on Imports