The EU prepares sugar offer for the region
It is expected that the EU will present its offer for sugar in two days, within the framework of the VI Round of negotiations being held in Brussels.
Wednesday, January 28, 2009
The Minister of Foreign Trade for Costa Rica, Marco Vinicio Ruiz, said to Elfinancierocr.com: "There has been a lot of progress in the commercial part. "Most of our products, close to 90%, will enter with zero tariff. The idea is to discuss senstive products during the rest of the week."
Benita Ferrero-Waldner, EU's Trade commissar, said she is pleased with the inclusion of Panama in the agreement.
It will be difficult for Central America to reach an agreement with the European Union to accept the entrance of the amount of sugar the negotiators want into its territories.
Central America's commercial offer covers 85.3% of the products, but the European Union wants it to be 90%.
Central America rejected the European Union's request to phase out 90 percent of its tariffs in exchange for the benefits of the EU's enhanced Generalised System of Preferences (GSP-plus).
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