Guatemala Authorizes Import of Duty-free Corn and Flour

The Government allowed imports of 25 thousand tons of wheat flour and 82 thousand of corn.

Wednesday, February 9, 2011

The corn quota is to enter the country over the next three months and the wheat flour in the next six months.

Prensalibre.com reported that this entered in effect as two government decrees were published in the official newspaper on February 9, 2011.



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Guatemala Extends Deadline For Duty Free Flour Imports

August 2011

The Ministry of Finance has extended the deadline for the imports of duty free wheat flour until Dec 31.

The closing date had previously been set for the end of July.

"Luis Velasquez, Finance Minister, said the quota is for 25,000 metric tons (MT) of wheat flour. He added that so far 9,923 MT have been delivered and 15,76 MT are available to the public.

Guatemala Trying to Control Grain Prices

June 2011

Officials are urging farmers to use quotas to avoid pushing the price of raw materials up further.

In order to minimize the upward pressure on the cost of raw materials, whose high prices are making staple foods more expensive, the government is looking at promoting the use of quotas on production.

Guatemala: More time for Duty-Free Imports of Maize

May 2011

The Ministry of Economy has extended the June 21 deadline for a further 3 months.

Luis Velasquez, Minister of Economy, told the media that, if necesary, they will consider a further extension.

According to an article in Prensalibre.com "He added that they need to investigate what the appropriate time frame would be so as not to harm domestic production, taking into account that the harvest begins in September."

Guatemala Sets Import Quota for Corn and Flour

February 2011

The Ministry of Economy set a maximum duty-free import quota per company.

The ceiling for white corn is up to 3.000 metric tons per person or company and for wheat flour the maximum is one thousand metric tons.

Prensalibre.com noted in their article, "the economy ministry made the official announcement yesterday in Diario de Centro America of the import of 82 metric tons of white corn and 25.000 tons of wheat flour."

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