economy

May 5, 2026

Ecuador says it will reduce tariffs from 100% to 75% for Colombia; Paloma Valencia claims credit

The commercial relationship between Colombia and Ecuador has begun to show signs of thawing after months of escalation that seemed relentless.

Ecuador says it will reduce tariffs from 100% to 75% for Colombia; Paloma Valencia claims credit

TL;DR

  • Ecuador will reduce its "security tax" on Colombian products from 100% to 75%.
  • The measure aims to alleviate pressure on national exporters and open channels for dialogue on defense.
  • The tariff adjustment is immediate, with June 1st set for normalization of customs flows.
  • The dispute originated from Ecuador's security vision, citing high costs to contain drug trafficking and illegal mining, and ideological clashes over Jorge Glas's situation.
  • Ecuador expects this reduction to lead to coordinated joint military and police operations.
  • Colombia views the move as an opportunity to re-establish full diplomatic relations and eliminate trade barriers.
  • Colombian senator Paloma Valencia claims credit for the reduction, stating it reflects Colombian political sectors' willingness to cooperate against organized crime.
  • The goal is to eventually bring tariffs back to 0%.