Panama: Dispute Over Colombian Tariffs WorsensColombia is replacing the controversial mixed tariff with a threshold of $10 / kg for clothing and between $6 and $10 per pair of shoes, and will temporarily apply the maximum tariffs of 40% and 35%, respectively, and above the threshold, a tariff of 15%.Thursday, November 3, 2016
The Panamanian government has expressed its opposition to the new measures implemented by Colombia. The Minister of Commerce and Industry, Augusto Arosemena said the neighboring country "... can not adopt in parallel through supposed customs controls, measures which violate other obligations on market access and customs valuation, still less substantiate them using arguments that were rejected in two legal cases, as the supposed justification of enforcing laws on money laundering. ¿Busca soluciones de inteligencia comercial para su empresa?Tariff Conflict Between Panama and ColombiaMarch 2018 A little more than a month after the Panamanian government decided to raise import tariffs on various products as a measure of retaliation against the South American country, representatives from both governments reaffirmed their positions at a WTO hearing. Tension Growing Over Panama-Colombia Trade DisputeJanuary 2017 The Panamanian government has announced that until the dispute over tariffs is resolved, it will keep in abeyance the agreement signed with Colombia to buy two ships for $30 million. Panama: Ultimatum Issued to Colombia Over TariffsNovember 2016 The South American country has until 22 January 2017 to implement the recommendations and rulings established by the Dispute Settlement Body of the WTO. WTO Rules in Panama’s Favor in Trade DisputeApril 2009 Colombia had taken tariff measures against Panamanians textiles from the Colón Free Trade Zone.
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