Draft Law on Exports Ready

The Nicaraguan National Assembly could be receiving a draft Law on the Promotion of Exports next week.

Thursday, January 5, 2012

This was announced by Jose Adan Aguirre, president of the Superior Council for Private Enterprise of COSEP, who noted that the project aims to streamline procedures for exports and reduce trade barriers on all products the country exports.

"The bill is being pushed by organizations like the National Livestock Commission, the Chamber of the Milk Producers, the Association of Producers and Exporters of Nicaragua, APEN, and the National Union of Farmers and Ranchers, UNAG.

The general manager of APEN, Azucena Castillo, said that by way of this initiative they hope to make the trend of export growth a reality", reported Elnuevodiario.com.ni.



More on this topic

Nicaragua: Support to Trade with the US

July 2015

Amcham and the union of exporters will give training to exporting companies on issues such as labeling and market intelligence, and coordinate trade missions made up of US companies, coming to the country.

From a statement by the Association of Producers and Exporters of Nicaragua:

Guatemala: New Website for Exporters

June 2013

The 'Ventanilla Única para las Exportaciones' or VUPE and the Regímenes de Perfeccionamiento Activo or OPA, have launched a new unified website.

From a press release by the Guatemalan Association of Exports (AGEXPORT):

In order to offer exporters and the general public ease in obtaining information relating to the export sector, the Ventanilla Única para las Exportaciones -VUPE- and the Oficina de Regímenes de Perfeccionamiento Activo -OPA-have launched a new unified website which provides the following features:

Third Edition of Step by Step Export Program

April 2013

Targeting the markets of Guatemala, Honduras and Nicaragua, the Export Promotion Agency of El Salvador has relaunched the program in support of SMEs.

From a press release published by the Agency for the Promotion of Exports and Investments of El Salvador (PROESA):

Under the Export Promotion Strategy, the Government of El Salvador launched on Tuesday April 16 the third edition of the Step by Step Export Program, a coordinated effort between the Agency for Promotion of Exports and Investments of El Salvador (PROESA) and the Ministry of Economy (MINEC), which has the support of the Technical Secretariat of the Presidency (STP), the U.S. Agency for International Development (USAID), through USAID's development program for SMEs, and the Special Fund of Resources from the Proceeds of the Privatization of ANTEL (FANTEL). It is expected that one hundred Salvadoran firms will initially be assisted as exporters and that there will be negotiations totalling over $5 million.

El Salvador: No Substitute to "Drawback Law" for Exporters

February 2013

The removal of the 6% return on exports has not been compensated in practice by the laws that are intended to have a dynamic effect on foreign sales.

Elsalvador.com reports that two years after MPs approved three laws intended to replace the return of 6% on exports, known as "drawback", the exporters have been "Without a bowl and without the soup".