Governmental Agreement number 333-2011 of December 2011, which set annual quotas for the export of waste, parings and scrap plastic, has been repealed.
The regulation establishing annual fees implemented by the previous government was rejected by small business owners and recyclers.
Governmental Agreement number 56-2012 of the Ministry of Economy repealing the annual quotas states, "... the measure to restrict exports of these raw materials is considered inappropriate, considering that individuals and small companies engaged in the collection of such materials, for subsequent sale and /or export, generate sources of employment, foreign exchange income and environmental sustainability. "
Explosives and plastic pipes were the products which recorded the largest increases in the first half of the year, due to variations in the price of the dollar.
Data from the index of materials and special construction services compiled by the National Institute of Statistics and Census (INEC) shows that "... the abrupt increases in the exchange rate of the dollar," explained the 36% increase in price up until June for Explosives and of 19.6% from March to June for plastic pipes.
The recycling industry grows in the region as a way to save costs, create jobs and protect the environment.
"Nicaragua has exported until October of this year about 40 million Dollars in recyclable material, primarily iron, while in 2009 it exported 24 million Dollars," stated as evidence of the sector´s growth Carlos Marin, president of the Recycling Association of that country.
The 7th Industrial Fair entitled 'Investment and Competitiveness Development' will take place from 5 to 7 October at the International Center for Fairs and Conventions (CIFCO)
A press release from the Salvadoran Association of Industrialists (ASI) reads:
Representatives of the Salvadoran Association of Industrialists (ASI), the Chamber of Textile and Clothing Industry of El Salvador (CAMTEX) and the Salvadoran Association of the Plastics Industry (ASIPLASTIC) have announced that the 7th Industrial Exhibition entitled "Investment Development and Competitiveness " will run from 5 to 7 October at the International Center for Fairs and Conventions CIFCO.
Cooperation agreements are being negotiated in the Sectors of Tourism, Promotion and Reciprocal Protection of Investments and Partial Scope Economic Complementation.
An article in Nacion.com reports that "... This round is being performed following Negotiating Round II which was held in Puerto España, Trinidad and Tobago, from 20 to 24 January 2014, during which legal texts were finalized on Trade Protection, Technical Barriers to Trade and Sanitary and Phytosanitary Measures. In Round III the aim was to finalise a regulatory framework for the agreement relating to Market Access, Rules of Origin, Dispute Resolution and Corporate Affairs. In addition it included mutual exchange offers on tariffs and specific rules of origin. "
Denouncing sanitary risks and a lack of quality control in Chinese production, they are asking for the adoption of a Partial Agreement Accord and not a FTA.
Executives from diverse business chambers exchanged strong words in the discussion on this issue. In a press conference where the presidents of various industry chambers were present, including from the Cámara de Industrias de Costa Rica (CICR), Cámara Costarricense de la Industria Alimentaria (CACIA), Asociación Costarricense de la Industria Plástica, Asociación de la Metalurgia, and Asociación de la Industria Gráfica, “they denounced that the Department of Foreign Trade (Comex) did not address their requests or concerns despite that they have made their concerns known on various occasions."
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