Greer signs US-Ecuador agreement on reciprocal trade

The United States and Ecuador have substantially concluded negotiations for an Agreement on Reciprocal Trade (ART), with Ambassador Jamieson Greer of the U.S. Trade Representative (USTR) office highlighting the agreement's potential to enhance bilateral economic ties. The framework, announced in November 2025 and finalized in February 2026, aims to reduce trade barriers and expand market access for both nations. Key provisions include Ecuador's commitment to lower or eliminate tariffs on U.S. agricultural products such as tree nuts, fresh fruit, and distilled spirits, while the U.S. will remove reciprocal tariffs on qualifying Ecuadorian goods that cannot be domestically produced in sufficient quantities.

The agreement addresses non-tariff barriers, including reforms to Ecuador's import licensing systems for agricultural products and commitments to accept U.S. regulatory standards for medical devices and automotive parts. It also includes measures to facilitate digital trade, strengthen intellectual property protections, and enhance labor and environmental standards. USTR reported that U.S. goods and services exports to Ecuador reached $10.2 billion in 2024, with total two-way trade valued at $90.4 billion.

The deal aligns with broader efforts to address trade imbalances and promote reciprocal trade practices. Ambassador Greer emphasized that the agreement advances U.S. economic and national security interests while fostering fair competition for American workers and businesses. The U.S. and Ecuador anticipate signing the agreement in the coming weeks, pending domestic procedural steps.