Construction Sector Critises Rod Regulation

There is concern in Costa Rica over the impact of the possible entry into force of the Regulation on the price and the supply chain of this product.

Friday, June 7, 2013

From a press release from the Chamber of Commerce of Costa Rica:

The Chamber of Commerce of Costa Rica is deeply concerned about the Rod Regulation issued by the Ministry of Economy, Industry and Commerce (MEIC) and the impact that its possible entry into force may have on the price and the supply chain of this product.

"It is the opinion of this Chamber that as consumers have the right to acquire quality products, they are also entitled to access these products at the lowest possible price, a goal which will not be achieved with lower levels of competition and the imposition of this new regulation" said the president of the Chamber of Commerce of Costa Rica, Francisco Llobet.



More on this topic

Controversy Over Steel Rod Import Tariff Continues

November 2018

In Costa Rica, importing companies are against the ArcelorMittal proposal, which consists of raising the steel rod income tax from 1% to 15%.

On November 5th, a public audience was held in which importing companies and ArcelorMittal presented their arguments before the Ministry of Economy, Industry and Commerce (MEIC) regarding the proposal to raise the import tariff on steel rod by 14%.

No to Taxing Imports of Steel Rods

May 2018

In Costa Rica, the builders union has opposed the suggestion by Arcelor Mittal to establish a safeguard measure and charge a 15% import duty on rods.

Following the request by the company ArcelorMittal de Costa Rica S.A. in November 2017 to the Ministry of Economy, Industry and Commerce (MEIC), to impose a 15% tax on imports of used iron rods for construction, the Costa Rican Chamber of Construction (CCC) reported that since March 19, the MEIC started a process to evaluate whether or not to apply the measure.

Costa Rica: Agreement on Iron Rod Quality

October 2013

There will be different quality certifications for rods which will facilitate their imports and trade in the construction sector.

The Costa Rican Chamber of Construction (CCC) and the Chamber of Industries of Costa Rica (ICRC) reached an agreement which allow regulations to come into effect which will control the quality of the rods. The technical regulation was issued by the Ministry of Economy, Industry and Commerce (MEIC).

Costa Rica: Regulation on Rods Postponed

April 2013

Since there is no accredited entity to verify the quality of products, the regulations will not be able to be complied with and they could become a non-tariff barrier.

From a statement from the Costa Rican Chamber of Construction (CCC):

CCC SUPPORTS MEIC'S DECISION TO POSTPONE ENTRY INTO FORCE OF REGULATION ON RODS

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