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Under the May 2012 United States-Colombia Trade Promotion Agreement (CTPA), certain commodities are imported into Colombia under TRQs.
Ecuador’s cocoa bean production is estimated to reach 255,000 metric tons (MT) in calendar year (CY) 2015 (up over six percent compared to 2014) and forecast to reach 300,000 MT in 2016.
On February 7, 2015, Ecuador’s President Rafael Correa announced during his weekly televised address that his government will provide export incentives to Ecuadorian agricultural product exporters.