Report Task Force on Legal Representation of American States in Investment Arbitration

DETAILS

DATE: 10-02-2024

PROFESSIONALS INVOLVED IN THE ARTICLE:

Hugo García Larriva

MEDIA:

– Institute for TRANSNATIONAL ARBITRATION

Report “Task Force on Legal Representation of American States in Investment Arbitration,” developed as part of the Americas Initiative by the Institute for Transnational Arbitration (ITA).

This project sheds light on how the legal representation of American States is structured and managed in investment arbitration. It highlights current practices, recruitment processes, and key priorities, offering valuable guidance to law firms seeking to represent States in these complex disputes.

Download the article here.

Amendments to the Household Goods and Work Equipment Customs Regime.

Resolution No. SENAE-SENAE-2024-0083-RE issued by the Customs Authority (SENAE) on July 31, 2024, amended the regulations for the import of goods under the exception regime for household goods and work equipment.

The most important points include:

  1. Eligible goods

The list of new or used household articles that are eligible for import under the household effects regime was updated:

 

Household goods Eligible quantity Bedroom set One per household member plus an additional set. Dining set One per household. Living groom set and its accessories One per household member plus an additional backyard furniture set. Kitchen Stove  

 

 

 

 

One per household. The quantity may increase depending on the goods.

 

 

 

 

 

 

  Refrigerator / freezer / wine cooler Microwave Oven or similar Dishwasher Range hood Kitchen Cabinet Grill or similar Water dispenser Water purifying filters Washing machine Clothes dryer Projector Home theater system Speaker or audio system Electric doorbell (intercom)  

 

One per household. The quantity may increase depending on the goods. Baby monitor intercom Home surveillance system Lawn mower or weed trimmer Vacuum cleaner Floor polisher for home usage Garbage disposal unit Audio or video recorder  

 

 

 

 

 

One per household. Video player Video game console Gym machines Bicycle Video recorder Camera Television Landline phone Desktop computer Computer peripheral Printer Fireplace, outdoor heater or heater Air conditioner unit Alcoholic beverages Up to 50 liters in total and 2 liters for each commercial brand. Clothing, footwear, and accessories Up to 200 kilograms for each household member. Vehicle (only for Ecuadorian returning migrants) Its value can’t exceed 80 times the minimum wage (US$36,800) Motorbike (only for Ecuadorian returning migrants) Its value can’t exceed 25 times the minimum wage (US$11,500).

Goods not included in the list will be eligible as long as they are used for personal purposes and not for commercial purposes.

  1. Study trip

Ecuadorian citizens who have left the country for educational purposes can only import one motorcycle into the country. These types of migrants are not allowed to import vehicles unless they have resided abroad after ending their studies.

  1. Articles restricted under work equipment regime.

The following items are added to the list of articles that are restricted to be imported as work equipment: raw materials, supplies, textiles, footwear, weapons, explosives, flares, fireworks, and any other items subject to Armed Forces regulations.

  1. Late arrival

If a household member arrives in the country 6 months after the date of acceptance of the customs import declaration, the customs authority will determine the difference to be paid for foreign trade taxes.

  1. Penalties

If the imported goods are not properly identified or do not match with the data registered in the list of goods subject to the exception regime, the returning migrant or foreigner will be subject to the payment of a fine of 50% of the minimum wage (US$ 230,00 for fiscal year 2024), according to the article 193 of the Customs Regulation Law.

The full text is available on the following link:

https://www.aduana.gob.ec/gacnorm/data/2024/08/01/11/SENAE-SENAE-2024-0083-RE.pdf

© CORRALROSALES 2024
NOTE: The above text has been prepared for informational purposes. CorralRosales is not responsible for any loss or damage caused by actions taken or not taken based on the information contained in this document. Any specific situation requires the specific opinion and advice of the firm.

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