Ecuador and US Poised to Sign Trade Deal

President Noboa says agreement is imminent, will benefit both countries

Published on Mar. 1, 2026

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Ecuador and the United States are preparing to sign a Reciprocal Trade Agreement (ART) that would benefit both countries with tariff exemptions on half of their exports, according to Ecuadorian President Guillermo Lasso Noboa.

Why it matters

This potential trade deal between Ecuador and the US represents a significant economic opportunity for both nations, as it would open up new markets and remove trade barriers. It also signals a strengthening of diplomatic and commercial ties between the two countries.

The details

The Reciprocal Trade Agreement (ART) would eliminate tariffs on approximately half of the exports from each country, making it easier and more affordable for businesses to trade between Ecuador and the United States. This could lead to increased economic activity, job creation, and consumer choice in both nations.

  • The trade deal is said to be imminent, according to President Noboa.

The players

Guillermo Lasso Noboa

The President of Ecuador, who has stated that a trade agreement with the United States is forthcoming.

United States

Ecuador's largest trading partner, with whom it is negotiating a Reciprocal Trade Agreement to boost bilateral commerce.

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What they’re saying

“Ecuador and the United States are preparing to sign a Reciprocal Trade Agreement (ART) that would benefit both countries with tariff exemptions on half of their exports.”

— Guillermo Lasso Noboa, President of Ecuador (expressnews.com)

What’s next

The two countries are expected to finalize and sign the Reciprocal Trade Agreement in the coming weeks or months.

The takeaway

This potential trade deal between Ecuador and the US represents an important opportunity to strengthen economic ties and boost commerce between the two nations, benefiting businesses and consumers on both sides.