Honduras: New Center for Trade Procedures

Industry and trade authorities announce the creation of a center to facilitate customs procedures.

Thursday, July 22, 2010

The implementation of the new Import and Export Procedures Center will cut the time taken to carry out customs procedures to two days from the current 30.

Latribuna.hn reports Oscar Escalante, head of the Honduran ministry for trade and industry (SIC), as saying that, "tedious processes damage the economy and hurt producers, which is why ours need to be rationalized in order to make the region's economy and trade more dynamic."



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More on this topic

Customs Union Guatemala - Honduras Now Bearing Fruit

August 2017

Honduran freight carriers have reported a 15% increase in trade between the two countries in the last two months.

In addition to a significant reduction in the delivery times for merchandise, entrepreneurs who market products between Honduras and Guatemala also report an increase in the volume sold.

What the Guatemalan - Honduras Customs Union Promises

June 2017

With the entry into force of the Customs Union today, Guatemalan exporters plan to raise the growth rate of exports to the neighboring country from 0.6% to 1.6%.

From a statement issued by Agexport:

Guatemala, June 26, 2017. A 25% reduction in transportation and logistics costs, 75% bilateral free trade, speeding up of commercial procedures through electronic platforms, and use of the Central American Single Invoice and Statement (Fyduca) as an export document and invoice at the same time, are examples of the practical and concrete benefits that will be provided as of today as a result of the Guatemala - Honduras Customs Union which will comply with the tax payment process that corresponds to the merchandise.

Costa Rica: Customs System Restored

August 2014

An announcement has been made that the system of international transfer of goods is now operating normally after having experienced problems since July 29.

The system used by exporters and importers for international transit operations is now operating normally, after having reported failures which had been delaying the operations of carriers since Tuesday 29 July.

Guatemala: Easier International Trade

November 2010

AEO will provide companies with an easier the processes in imports and exports.

The Superintendence of Tax Administration (SAT) has created the "Authorized Economic Operator" (AEO) legal vehicle, which allows qualified companies to streamline their import and export operations.

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