Guatemala gets green light for zero tariffs to fight high food prices

Central American trade authorities authorized Guatemala to impose zero tariffs on 10 products as a contingency measure.

Monday, June 30, 2008

The Council of Ministers for Central American Integration (Comieco) said the measure would reduce the impact of high food prices. Comieco did not say what products were involved.
Comieco said it had opted for zero tariffs as an emergency measure so as to "maintain harmony among Central American import tariffs." Guatemala had suggested that the tariffs should be abolished.

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