Central America ponders unified agricultural tariffs
To deal with the steep rise in the price of basic grains, the governments of Central America are analyzing the possibility of unifying tariffs on agricultural imports.
Friday, July 4, 2008
The request for tariff unification came from the Government of Guatemala. It was placed before the Council of Ministers for Economic Integration, to reduce to zero the tax on several products in the basic consumer basket.
Central American trade authorities authorized Guatemala to impose zero tariffs on 10 products as a contingency measure.
Guatemala will reactivate a lawsuit filed in 2006 for the elimination of tariffs on metallurgical products.
Officials are urging farmers to use quotas to avoid pushing the price of raw materials up further.
A regional investigation is underway, triggered by suspicions of anticompetitive practices when commercializing fertilizers.
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