Extension of Rice Protectionism in Costa RicaThe extension of the deadline for the implementation of the decree that eliminates the rice price fixing mechanism, represents a transfer of $75 million from the pockets of consumers towards the rice sector.Tuesday, January 14, 2014
For years other countries have criticized the pricing of rice in Costa Rica considering it a subsidy and violation of defined limits. Source: Nacion.com ¿Busca soluciones de inteligencia comercial para su empresa?Costa Rica: Safeguarding Rice ImportsJanuary 2014 A request by the National Rice Corporation for a protectionist trade measure is being analyzed by the government. Costa Rica Will Not Fix Price of RiceJuly 2013 The Government is standing firm in its position to eliminate state fixing of the price of rice and aims to organize the cooperative sector. Changes to Rice Price System in Costa RicaApril 2013 The National Rice Corporation and the Government have agreed to move towards an alternative to the price fixing scheme. Excess Rice in Costa RicaOctober 2011 A decree fixing prices has distorted normal market functioning, and caused overproduction of 19,000 tonnes.
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