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FTA end hits tuna sales

This article was originally published in Foodnews

ECUADOR'S canned tuna exports to the US declined considerably last year, according to Infofish .This is primarily because of the termination of the free trade agreement between the two countries, as well as the upcoming expiration of the Andean Trade Promotion and Drug Eradication Act. US buyers are thought to be reluctant to make orders due to uncertainty over the renewal of the preferential tariff. In January-October 2007 Ecuador's canned tuna exports to the US fell to US$73.7 million from US$86.7 million in the same period in 2006. Ecuador's biggest canned tuna customer is now Spain, with the US in second place.



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