Benefit to Salvadorian Exporters Expires this YearThe benefit, 6% of the value of non-traditional exports outside of CA and which the exporting sector receives from the government, expires in December.Wednesday, February 25, 2009
La Prensa Gráfica publishes on its website: "The measure is being maintained until the end of President Saca´s administration. It will be the next administration that makes a decision," affirmed Eduardo Ayala Grimaldi, Technical Secretary of the President. The mechanism, known as the "draw back," forms a part of El Salvador´s Law of Exports Integration, and its term has been extended twice by the OMC, the entity that evaluates the measure as a subsidy. The country is of the few in the world that maintains it." Source: laprensagrafica.com ¿Busca soluciones de inteligencia comercial para su empresa?El Salvador: Proposal to Increase ExportsSeptember 2013 The Exporters Corporation has created a plan to increase exports to $10 billion a year within five years.
Costa Rica: $104 million in Rice Subsidies in 2011May 2012 In the last 5 years the pricing system in force has transferred more than $390 million from the pockets of consumers to rice producers. Delay in regulating Law for Production PromotionDecember 2011 The regulation establishing export incentives for "draw back" substitutes is still pending approval in El Salvador. Salvadoran Exporters Demand Compensation for Removal of ‘Drawback’February 2010 The ‘Drawback’, a 6% incentive for Salvadoran exporters, was removed on January 1st.
×
ok |
|