Guatemala to Import Duty Free Grains

Authorization has been given for 2018 to importy duty free a maximum of 5 thousand MT of black beans, 150 thousand MT of yellow corn, 50 thousand MT of white corn and 26 thousand MT of paddy rice.

Tuesday, November 28, 2017

The approved quotas were: Black beans, a maximum of 5 thousand metric tons -MT-, equivalent to 110 thousand hundredweight; yellow corn, 150 thousand -MT-, equivalent to 3.3 million hundredweight; white corn, 50 thousand -MT-, 110 thousand hundredweight and unhusked rice, 26 thousand MT, 572 thousand hundredweight.

From a statement issued by the Ministry of Economy in Guatemala:

Guatemala, November 27, 2017.  The Council of Ministers of Central American Economic Integration -Comieco- approved last Friday, in Panama City, the tariff quotas for granulated rice (unhusked), black beans, yellow and white corn for Guatemala.

The measure, agreed during the III Round of the Central American Customs Union, where Panama holds the Pro Tempore Presidency, will allow impors of these grains with zero tariff from any country, which will favor the stability of the prices of these products in the national market and will combat shortages.

Read full release (in Spanish).

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