Import tariffs on flowers will rise from 15% to 30%, those on cement clinkers from 0% to 30%, and import duties of clothing will go from between 10% and 15% to 30%.
The increase in tariffs comes on top of a 7% payment on account of the Tax on the Transferof Goods, Furniture and Services (ITBMS) in the case of cement clinkers and clothing.Seedecreepublished in the official newspaper La Gaceta.(In Spanish)
From August 16 until December 31 2016 a higher tariff will be imposed on imports flowers, coal, unpulverized cement and clothing.
Although the statement from the Presidency of Panama does not directly referto Colombia, the products for which import tariffs have been increased mainly come from the country that, despite rulings by the WTO to the contrary, hasextended the term for additional tariffs on goods imported from the Colon Free Zone.
The visit is being organized by the Trade Promotion and Investment Agency of El Salvador. Salvadoran companies will promote products such as liquor, baked goods, natural juices, orgeat, barley, leather footwear and clothing.
An announcement has been made that the Liverpool department store company will be negotiating the acquisition of textile garments made in the country.
Representatives from the Nicaraguan Association of Textiles and Apparel (Anitec) informed Laprensa.com.ni that "... they will meet on Friday September 26 with senior officials of the group in order to find out more specifically about the interest that has been shown in the garments processed in Nicaragua. "
In 2011 the country imported $251 million worth of clothes, an increase of 12% compared to the previous year.
Examples of some of the data in the report:
Imports of men and childrens shirts increased by 46% between 2010 and 2011, going from $18.1 million to $26.5 million imported in 2011.
Meanwhile, imports of suits, ensembles, jackets (coats), dresses, skirts, skirt-shorts,trousers, breeches, and shorts, and shorts for women and girls increased by 13% between 2010 and 2011, and represented the largest increase in monetary level, going from $66 million to $74.7 million imported in 2011.
This retail sector in Costa Rica comprises about 248 importers of second-hand clothes who are now looking at the middle class market.
Although the prices of items range from $2 to $10, the large volumes handled by big chain stores make it a profitable business. Between 2007-12, used clothing imports rose by 50%, 87% came from the U.S. and 10% from Canada.
The process began with a request on the part of Panama for consultations with Colombia over the fixed excess tariffs on imports of textiles and footwear originating in certain countries.
This tax directly affects the Colon Free Zone (CFZ), which imports products mainly from Asia for reexport to the region, with Puerto Rico, Venezuela and Colombia being the major destinations. "The process, which the World Trade Organization (WTO) has been notified about, could result in a complaint to the agency that enforces trade agreements", reported Prensa.com.
The Ministry of Education will auction the purchase of 200.000 uniforms for school students in marginal areas.
The acquisition falls under the "Uniforming Solidarity” program.
Prensalibre.com reports in their article, "According to the official, the purchase includes 100 thousand sets of uniforms for children- pants, shirt, shoes - and 100 thousand for girls -skirt, blouse and shoes - at a cost of approximately $ 15 each. The bid terms will specify sizes."
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