The Ecuadorian shrimp sector is worried about the European Commission's (EC) decision to increase its annual import quota of shrimp from countries with which it has no trade agreements by 20%, and which will benefit from a new set of duty-free tariffs, several sources told Undercurrent News.

According to Ecuador's national chamber of aquaculture, known by its Spanish abbreviation, CNA, the EC will in 2021 increase the annual shrimp import quota from 40,000 to 48,000 metric tons for processing under its new regulation regarding the autonomous tariff quotas (ATQs) [...]