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Russia to reduce tariffs on Ecuadorian roses

ecuaRussia will reduce the tariffs on the exports of some Ecuadorian products, such as roses, that currently enter the European country paying tariffs between 10 and 30%.

This is due to the fact that 95% of Ecuadorian flower exports make a stop in Amsterdam and then continue by ship to Russia, therefore, there is variation in the waybills by origin.

The announcement was made by the Minister of Foreign Trade, Francisco Rivadeneira, as part of the subjects scheduled during the visit that the government of Ecuador made to its Russian peer in October 2013.

Russia is currently the second main destination of Ecuadorian roses.

Ecuador exported USD 177.3 million during 2012, with a 14.2 % annual growth, according to an analysis of the Association of Flower Exporters of Ecuador, Expoflores.

The measure for Ecuadorian products will be applied from September 2014 in Russia.

38 % of Ecuadorian export flowers go to the United States, 25 % to Russia and 21 % to the European Union.

Russia buys most of the Ecuadorian flowers in February (Saint Valentine’s day), March (Woman’s Day) and September (start of classes).

10:52 – Thu 30/01/2014
Bron: Agronegocios Ecuador

Author: Translated by Daltry Gárate for Hortibi

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