India Simplifies Import Procedures

From April 1st 2015 the only documents needed to send products to the Indian market will be the air declaration, the commercial invoice and bill of entry.

Wednesday, March 25, 2015

From a statement issued by the Costa Rican Foreign Trade Promotion Office (Procomer):

India has decided to simplify procedures for imports, which will reduce costs and time and aims to improve the country's position in the ease of doing business list produced by the World Bank. For 2015, India ranks 126 out of 189 economies analyzed.

The Commerce Department established in July 2014 an inter-ministerial committee to study and make recommendations.



More on this topic

Guide for Land Transport in Central America

December 2016

All the necessary information carriers, importers or exporters, need to know about the procedures at each customs office, from Guatemala to Panama.

From a statement issued by Agexport:

The intention is to reduce the time lost and inconvenience caused at each border point due to lack of preparation of documents or lack of knowledge of the electronic tools that exist. Expanding knowledge of those tools available to carry out the procedures required under the regime, is the aim of the contents of the Guide.

Nicaragua: Fiscal Solvency Requirement Affecting Competitiveness

June 2016

In order to speed up timeframes and procedures, employers have asked that the requirement be eliminated or that the the timeframe, currently one month, be extended to at least one year.

In Central America, only authorities in Nicaragua are demanding compliance with fiscal solvency, which directly affects the competitiveness of local exporters against the rest of the region.

Exporting to Europe Requires More Quality

November 2014

Central America must improve the quality standards of its products, learn more about the consumers and simplify processes in order to take advantage of the opportunities of the Agreement with the European Union.

In order to maximize the opportunities provided by the Association Agreement which has been signed with the European Union (EU), Central American companies must have a better understanding of the European market, which has more than 500 million consumers who are demanding in terms of quality and food safety. Furthermore, it is essential to simplify export procedures in order to expedite the process of obtaining permits and other procedures which are reducing export competitiveness in Central America.

More Bureaucracy to "Help" Companies

September 2014

The Ministry of Foreign Trade in Costa Rica has created a new unit to "support local companies engaged in exports or who have the potential to do so."

EDITORIAL

The question that immediately arises is how this "support" to companies with export potential will be given since it is already well established that official "consultants" who populate the offices of the new unit, do not know how "to be entrepreneurs," but merely how to receive their salaries on time every month, regardless of the fate of companies that they "support":

 close (x)

Receive more news about International Commerce

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Looking for Importers and distributors of furniture

Mexican manufacturer of office furniture seeks importers and distributors interested in dealing their products in Central America.
PM Steele is a 100% Mexican company, with more than 67...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Nov 27)
Brent Crude Oil
48.300
Coffee "C"
124.25
Gold
1,787
Silver
22.68