Central American Harmonized Tariff Code Moves Forward

The World Customs Organization and SIECA will sign an agreement to support Central America in harmonizing and standardizing custom procedures.

Tuesday, May 25, 2010

Currently, Central America has 96% of its tariff code harmonized, and the remaining 4% will be discussed over the next two years. A unique, harmonized tariff code should be ready by 2012, when the Association Agreement with the European Union is expected to come into effect.

“As of now, Guatemala, El Salvador and Honduras have progressed the most in standardizing procedures, while Costa Rica has done the least”, reported Prensa Libre.

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