Not fearing free trade, lowering tariffs and facilitating business development are some of the ingredients the Chilean export model that Central America could follow.
In an interview with Elfinancierocr.com, ProChile's director, Roberto Paiva, explained that one of the main reasons behind the success of his country's foreign trade model is the high degree of trade liberalization.Not only for having reduced tariffs, but also for"... 'having negotiated trade agreements. We have agreements with Europe and much of Asia. We don't yet have Africa.This opening not only lowers tariffs but brings us closer to the market and the business'. "
Asparagus, mandarin oranges, artichokes, grapes, pineapples, mangoes, avocado, quinoa, coffee, Giant Cusco corn, purple corn and limes, will enter Honduras duty-free with immediate effect or within a maximum period of 5 years.
The governments now have to define the date of entry into force of the agreement.In 2015 the South American country exported goods to Honduras worth $40 million.
Opportunities have been identified in the Bolivian market for products such as antitussives, nappy rash creams, central nervous system stimulants, chlorhexidine soap and veterinary products.
From a statement issued by the Ministry of Economy of El Salvador:
Senior leaders of the Salvadoran Pharmaceutical ChemicalIndustry grouped together under Inquifar held a working meeting this afternoon with delegations participating in the Second Round of Negotiations to reach a Partial Scope Agreement between Bolivia and El Salvador.
Under the terms of the Partial Scope Trade Agreement bovine and porcine meat from Panama will enter the Caribbean country duty-free.
Panamaamerica.com.pa reports that "...Panama received 51 additional lines in its favor which include dairy products such as cheese, a variety of fresh and frozen seafood, juices made from non-tropical fruits, flowers and foliage, fruit and vegetables, tropical fruits, flour, fat and fish oil, sausages, butter, fats, cocoa oil and salt. "
The Government and the private sector have laid the foundation for a strategy to follow to apply for formal admission to the agreement and to take advantage of, among other things, "country of origin".
The benefit of"country of origin"that can be taken advantage of by the member countries of the Transpacific Agreement allows the use of raw materials originating in another country to be used as if they were their own. This "... will be beneficial not only for the free zones themselves but also for SMEs."We are talking about the expansion of markets, because Nicaragua is coming to countries with which it does not have this free trade scheme" said the president of the Superior Council of Private Enterprise, Jose Adan Aguerri.
While President Solis prepares to attend the summit in Chile without having a definite position, nine private unions have formed a Business Council to promote adhesion to the trade bloc.
The Chamber of Industries of Costa Rica explains that"... this mechanism of coordination of efforts between private sector entities will promote the Pacific Alliance within the business community and maintain an open and continuous dialogue with the Government and with political organizations and representatives of civil society, in order to present and submit recommendations and suggestions for the proper conduct of the process of integration and economic and trade cooperation between Costa Rica and the other countries who are members of the Pacific Alliance. "
Palm oil, butter and other basic products would be able to enter free from tax on entry into into the Cuban market.
Capital.com.pa reports that "...Panama also achieved a reduction of 80% and30% for other commodities such as doors, windows and their frames and thresholds, cotton shirts and synthetic fiber, toilet paper and metal packaging. "
Sugar, coffee and lead are the three major export products to the North American country, but opportunities have also been identified for vegetables, fruits, fish, shrimp, plastic, wood and textiles.
Exports of Guatemalan goods to Canada up to April 2016 amounted to $141 million, 83% more than was exported up to the same month in 2015. In order to take advantage of the opportunities the Canadian market has for exporting other products such as fruit, fish, plastics and textiles, for example, there is a need to ".... strengthen sanitary and phytosanitary measures and improve logistics in order to reduce shipping times for the products".
Chinese enterprises and their government could delay investment plans in the country until approval is given to the investment protection agreement, signed in 2007, which is still waiting for legislative approval.
The economic and commercial counselor of the Chinese Embassy in Costa Rica, Liu Xiaofeng, said that businessmen from that country will not view with confidence Costa Rica as a destination for their investments until the agreement is approved. He told Nacion.com that "... "With this document, Chinese investors will have a lot of confidence in investing their money here, setting up companies or factories. '"
Within the Economic Council of Government Luis Guillermo Solís' ministers are divided with some favoring openness to international trade, and others wanting to protect vulnerable sectors.
The Ministry of Foreign Trade, which is in favor of accession, argues that there are free trade agreements with member countries of the Alliance, meaning that they would only be strengthening commercial ties. On the other side, the Agricultural lobby is against it and states that accession would mean that sectors which have been protected in these agreements would be left vulnerable.
The Solis administration has signed a memorandum of understanding with the Chinese government to begin studying the feasibility of setting up a special economic zone in Costa Rica for enterprises from China.
As part of the agreement signed between the two governments, feasibility studies will be started along with defining where the zone will be sited. It is expected that, as previously announced by the government, the free zone will be developed outside of the Greater Metropolitan Area.
Representatives of the private sector in Panama and Chile have signed a cooperation agreement that evaluates the inclusion of new products and services in the trade agreement.
The private sector seeks to expand the scope of the first FTA signed by Panama with a South American country, exploring the possibility of adding more goods and services to those which already enjoy tariff privileges referred to in the agreement.