An Ecuadorian shrimp farmer and processor is welcoming a new trade agreement between the European Union and Ecuador announced last week.
Omarsa, which operates a hatchery, shrimp farm and processing plant for vannamei shrimp, issued a statement welcoming the new agreement.
“Once the agreement takes effect, there will be better trade conditions for Ecuadorian products to access the European market,” Omarsa said in its statement. “Ecuadorian shrimp will be positively affected, thus increasing its presence in Europe.”
The EU signed a multi-party agreement last week, after four years of negotiations, which will open up trade with Ecuador, including its seafood sector.
“We are excited to announce these positive news to our European customers who were worried about the elimination of the preferential tariffs in December,” Omarsa said in its statement.