After a decade of operating in El Salvador, Grupo Calvo is asking the government to achieve its goal of making La Union into a pole for development.
According to Manuel Calvo, from Calvo Group CEO, in a decade of operating in the eastern port of El Salvador, there is still the thorn in its side of failing to become a great center for tuna. "Basically is lacks cheaper costs," said the businessman, who added that the company needs government support to overcome the obstacles in this new phase.
Industrialists have denounced sub invoicing in the sale of live cattle in Guatemala, as a fraudulent method of getting subsidies.
From an interview in Elnuevodiario.com by Leslie Nicholas Lacayo with Alfredo Marín, vice president of the Chamber of Industries of Nicaragua, who explains the causes of the decline in exports to Venezuela, a major beef market:
As set out in the FTA with the U.S., Canada and the European Union, Panama has three months to remove or replace these incentives.
Authorities from the MICI, the Panama Exporters Association (APEX) and the Union of Agro export of non-traditional products (Gantrap) are preparing a proposal, which must first be approved by the Cabinet Council and later by the National Assembly.
The regulation establishing export incentives for "draw back" substitutes is still pending approval in El Salvador.
During the inauguration of the Third Meeting of Exporters, the Exporters Corporation of El Salvador (Coexport) called on the Government to establish the dates for the entry into force of the regulations on the Law for the Promotion of Production, which establishes new incentives.
The Costa Rican Administrative Court has rejected rice farmers’ request for precautionary measures on October's rice imports.
The request asked to deny entry authorization to 350,000 kilos of husked rice from Argentina, on the basis that it did not comply with the rule that stipulates that rice must be fortified in its country of origin.
The Costa Rican rice sector is demanding that the government increases the controls for rice entering from Nicaragua.
Doubts about the true origin of rice coming into the country have led Costa Rican rice growers to request a review of rules of origin for imports, suspecting that the grain is entering in a triangular fashion.
Meanwhile, in Nicaragua, a country where rice production is insufficient to meet domestic demand, export of the grain is almost nonexistent, leading to suspicions that the rice is coming from other countries on the isthmus and then being transported to Costa Rica.
Foreign sales grew by 28% between January and March, compared to the same period last year.
Although it was feared that removing the government subsidy of 6% of export costs would reduce the pace of growth, to the surprise of businesses exports have actually risen.
The increase has been seen not only in traditional products like coffee and sugar, which have benefited from high prices in the international markets but also in non-traditional exports which grew by 37.6%.
The BMI and the Ministry of Economy presented the Export Guarantee Fund (FIDEXPORT).
According to the president of BMI, the FIDEXPORT aims to provide guarantees for short-term financing for export of goods and services required by companies exporting to Financial System institutions in El Salvador.