Grupo Buena dominates duty-free import of food in Guatemala

Despite the announcement from the Government that they would open the quotas to the cooperatives, one of them got only 1.98% of the 120,500 metric tons of food.

Wednesday, August 27, 2008

Last May, the Government of Alvaro Colom announced with great fanfare that it would free up the food import quotas, and that these would be administered by the cooperatives in order to promote competition and to provide consumers with the benefits of duty-exempted products.

However, the assignment of duty-free food products import quotas, authorized by the Ministerial Council for Central American Economic Integration (Comieco), did not fulfill its objectives, since 82% of the quotas were awarded to one of the single largest business groups in the country.



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Nicaragua to Import Duty-Free Rice

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Because of a shortage, authorization has been given to the importation of 119 thousand metric tons of paddy rice and 20,150 metric tons of milled rice, duty free.

The Ministry of Development, Industry and Commerce published on 15 January in the Official Newspaper La Gaceta, Ministerial Agreements 086-2015 and 087-2015 number in which two import quotas were authorized due to shortages of rice, the first for 119,700 tons (2.63 million hundredweight) of paddy and the other for 20,150 tons (443.300 hundredweight ) of gold rice.

Costa Rica: Delay to Decree on Bean Shortage

August 2015

Grain importers are complaining that the study to determine the shortage was made in June and the government has still not signed the decree allowing duty-free imports.

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