A bill seeks to exempt from sales tax imports of agricultural machinery, cleaning equipment and other inputs required by the agricultural sector.
The draft bill will be presented by the Executive Branch, and according Wilfredo Cerrato, head of the Ministry of Finance,"... once the proposal has been sent to the legislature for study the conditions will be defined for justifying exemption from payment of tax.'This will be how we handle the issue for any sector, because we have to see what we get in exchange for the state sacrificing taxes' ... ".
A strategy focused on improving productive infrastructure, irrigation, roads, logistics and greater mechanization aims to increase exports by 40% by 2024.
From a statement issued by the Association of Exporters of Guatemala:
31 years ago, Guatemala exported coffee, bananas, cardamom and cotton for a total of US $507, then in 2015 it was recorded that the exportable supply has diversified into cardamom, sesame seeds, vegetables, flowers, crustaceans and shellfish, among other things, and is worth about US $3 billion, 104 million.Involved in this nationwide impact are, according to the National Survey of Living Conditions 2015 (ENCOVI, about 31% of workers, given that they engage in related agricultural activities, while in rural areas the percentage is 55%.
After two decades of research, a report by 20 top US scientists has concluded that GM crops are safe for health and the environment.
The largest piece of research on the impact of genetically modified organisms (GMOs) which has been made by the National Academy of Sciences of the United States demolishes myths promoted by environmental organizations by concluding that these crops are no different from others and that there is not a one test that has shown a negative impact on the health of people.
In the US an increasing number of farmers are replanting with non-GM seeds, while grains prices fall and there is a growing preference for organic products.
At the end of 2014 consumption of non-GM foods such as cereals, salad dressings, eggs and other products increased by 15%, with sales reaching $9.6 billion. By analyzing consumer trends, the US agricultural sector expects this year increases of up to 45% in sales of non-genetically modified maize seeds and 8% in un genetically modified soy.
Producers are complaining about a lack of agility and excessive paperwork in the process to request tax exemptions for the purchase of equipment and farm machinery.
Agricultural producers argue that they can not easily access the exemptions for the purchase of equipment which is established in the recently passed Tax Act. Although it has been stated that within three months the necessary reforms will be made for the exemptions to given on products and not producers, the current requirements are delaying procedures and access to the incentive on the part of the producers.
A request has been made for the exemptions for the purchase of supplies to be maintained and the government is being asked to consider coverage for losses caused caused by prices that are set in other countries.
The president of the National Chamber of Agriculture and Agribusiness, Juan Rafael Lizano said in an article on Crhoy.com that "... Costa Rica needs to learn from other business partners and see the benefits that have been obtained for other countries with the New U.S. Farm Bill which created two programs, one for loss coverage due to prices and coverage for other income (yields and prices). "
Absence of policies focussing on productivity, limited access to technology and lack of infrastructure are limiting performance of the sector.
In recent years the competitiveness of the agriculture and fisheries sectors in Panama has been affected negatively by a lack of adequate policies for competing on equal terms both in the local market and with imported goods and internationally.
METAGRO is a Guatemalan based manufacturer that provides high end solutions of agricultural transport equipment, we are focused on helping customers be more productive as they help to improve the quality of life for people around the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (502) 2383 2720 - (502) 5595 9953
As part of the Agritrade Platform, Guatemala will participate for the 27th time in PMA Fresh Summit, the most important international trade show and convention of fruits and vegetables in the United States, which will take place at Anaheim Convention Center, California from October 17th to 19th.
Agro2 is committed to producing ethanol from cassava and food products for domestic consumption and export through the use of sustainable agriculture practices while serving as a model of agricultural production in the highly degraded Veraguas region of the Republic of Panama.
Operates in Panama
Phone: (507) 3949100