Joint Statement on Economic Relationship

On November 13, 2025, Presidents Donald J. Trump and Daniel Noboa released a joint statement confirming their commitment to strengthening the economic relationship between the United States and Ecuador. The Framework for an Agreement on Reciprocal Trade aims to improve market access and address both tariffs and non-tariff barriers that are important for both economies. This initiative builds on decades of economic engagement and emphasizes mutual commitments to labor rights, environmental protection, and digital trade facilitation.

To promote trade, Ecuador will reduce or eliminate tariffs on essential products such as machinery and agricultural goods, while the United States will reciprocate by lowering tariffs on selected Ecuadorian exports. Additionally, both nations will work together to tackle non-tariff barriers and address issues related to intellectual property, with Ecuador committing to reforms for enhanced transparency and labor rights protection.

The agreement outlines measures to bolster economic and national security, including efforts to improve supply chain resilience and combat illegal trade. Both countries aim to finalize the agreement and will monitor its implementation through their Trade and Investment Council, which will facilitate ongoing coordination on trade and investment matters. Overall, this agreement marks a significant step towards establishing a more reciprocal and strengthened trade relationship between the United States and Ecuador.

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