Nicaragua Authorizes Duty-free Bean Imports

The country is to temporarily allow tax-free imports of beans until November in order to ensure supply.

Monday, September 13, 2010

Orlando Solórzano, Minister for Development, Industry and Commerce (MIFIC), commented that no percentage tax will be applied to bean imports.

The MIFIC minister added that the decree establishes that "imports of beans are free for any person, state institution or private company in order to ensure Nicaragua's supplies," reports Elsalvador.com.



Market Intelligence

Everything about beans imports in El Salvador.

Top importers - Quantities, amounts and prices.

more info

More on this topic

El Salvador to Import Basic Grains Duty Free

November 2011

A decree authorized the duty-free import of basic grains, maize and beans, to ensure supply for the population.

By means of Decree 907, the MAG has been empowered to buy and sell seed and grain, bean and maize and materials for their production, in order to guarantee the price of the product and transfer it at a reasonable cost to the public.

El Salvador to Import 25 Thousand Bean Quintals

October 2010

Without defining the country which will be purchased from, the Ministry of Agriculture announced the transaction in order to alleviate the shortage of grain.

Deputy Minister of Agriculture, Hugo Flores, stated that Mexico, United States and even Nicaragua, as potential seller countries.

Nicaragua Allows Imports of Another Bean Variety

September 2010

Faced with potential bean shortages, the government has permitted an additional bean variety to be imported.

Since 11 September the country has enabled the "criollo" red bean to be imported and it is now proceeding to allow another similar variety in order to help supply the population.

El Salvador to Purchase Beans from Mexico and Colombia

September 2010

To avoid bean shortages, the country will import around 200,000 sacks from Mexico and Colombia.

Hugo Flores, vice-minister for Agriculture, commented that the purchase of the beans is being carried out as a preventative measure to ensure stocks are sufficient to cope with the possibility of crop failures due to torrential rains.

 close (x)

Receive more news about Agriculture

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


Gluten-free food company for sale

On sale business in progress, dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Jan 16)
Dow Jones
-0.04%
S&P 500
1.10%
Nasdaq
1.20%

Commodities

(Feb 22)
Brent Crude Oil
64.73
Coffee "C"
118.9
Gold
1,323
Silver
16.425