Costa Rican government eliminates duties on beans

The government eliminated duties on beans from July 18 to December 31 of this year, to avoid further raises on the price to the consumer.

Wednesday, July 30, 2008

The decision allows to import this bean, in its red and black variants, from any country with just a 1% duty tax. The regular tax for this product is 30%, and there had been a previous reduction of 5% in the shipment tax.



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Nicaragua Authorizes Duty-free Bean Imports

September 2010

The country is to temporarily allow tax-free imports of beans until November in order to ensure supply.

Orlando Solórzano, Minister for Development, Industry and Commerce (MIFIC), commented that no percentage tax will be applied to bean imports.

The MIFIC minister added that the decree establishes that "imports of beans are free for any person, state institution or private company in order to ensure Nicaragua's supplies," reports Elsalvador.com.

Costa Rican Bean Growers Announce Protests

April 2010

They announced they will stage public protests, after the national industry refused to buy their domestic production.

Industrial companies find it cheaper to import the product at $48.57 per quintal, than paying domestic growers $68 for each quintal.

Freddy Morera Mena, president of the Veracruz Growers’ Association, explained his region harvested twice as much as usual, and 9.000 bean quintals don’t have a buyer.

Protectionism for Beans in Costa Rica

July 2009

The Legislative Assembly approved in the first debate a project that requires local companies to buy domestically grown beans.

The project establishes that companies that import beans will do so as proportional percentage of the domestic purchases, without paying tariffs.

Costa Rica Protects Local Bean Production

March 2009

The Government sent a bill that would force local industries to buy national beans.

According to what Marvin Barquero reported in his article in Nacion.com, the bill sent by the Executive branch to the Costa Rican Legislative Assembly contains clauses that will protect local bean production.

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