Panamanian Agricultural Exporters Request Adjustment of Euro-Certificates

The union of non-traditional agricultural exporters (Gantrap) indicated that the Euro-Certificate regulation does not guarantee a total refund.

Tuesday, March 10, 2009

Francisco Antúnez, Gantrap representative told Prensa.com: "Currently, the Euro-Certificate is paid based on the tax of the sale price in the international market, and it should be based on the actual value that is charged and documented on the receipt that is issued by the European Economic Community (EEC)...there could be an incorrect refund on a receipt done by the exporter when what is taken into account is what the EEC charges. Regarding this issue, there are different systems in Spain, England and Holland."



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Nontraditional Agricultural Exports Expected to Drop 50%

November 2010

The non-traditional agro-export sector of Panama predicts the worst production in 25 years, with a 40% fall in the cultivated area and 50% in volume.

According to the Union of Nontraditional Agro-exporters (Gantrap) in the 2010/11 season, 2,600 hectares of melon, watermelon and pumpkin will be cultivated; 1,500 less than last season.

Panamanian Exporters Demand Payment of Eurobonds.

June 2009

To date, 100 requests have been made that represent about $300,000, but the government has not made any payments.

The eurocertification mechanism was implemented six months after the country was excluded from the Generalized System of Preferences (SGP-Plus) that is granted by the European Union.

Panamanian Euro-Certificates are Unused

May 2009

Agro-exporters are not using Euro-Certificate alternatives because they consider that the "procedure is complicated."

The president of the Panamanian Association of Exporters (APEX), Max Gallardo, said that delays in issuance and indirect costs cause many exporters to bear the cost of the loss of EU tariff preferences.

Eurobono approved for Panamanian exporters

January 2009

With Eurobono, exporters will temporarily be exempted from facing disadvantageous conditions due to export tariff to the European market.

According to prensa.com, "in the original bill the point which granted the benefit only to exporters who had been sending their products to Europe before December 31, 2008 was modified."

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