Daily coverage from across the country, written for the expat community
Results for “Comunidad Andina”Clear
Ecuador's April 9 imposition of a 100% tariff on Colombian products — targeting $2 billion in annual bilateral trade — has triggered the deepest institutional crisis the Comunidad Andina has faced in its 57-year existence. Former Colombian president Álvaro Uribe publicly warned Ipiales is "in ruin."
Ecuador and Colombia have imposed tit-for-tat tariffs reaching 50% on hundreds of goods, putting approximately $2.8 billion in annual bilateral trade at risk. Colombia has also suspended electricity exports and faces retaliatory pipeline fee increases from Ecuador.
