Panama: Protectionism in the Bovine Meat MarketWith the approval of a decree declaring beef and all its edible offal as sensitive products, importers in the country will not be able to opt for tariff exemptions.Thursday, December 12, 2019
The Cabinet Council approved Cabinet Decree No. 29 dated December 10, 2019, which declares as sensitive products for the national economy all beef, whether fresh, chilled, frozen, salted, smoked, or processed, as well as all edible bovine offal, whether fresh, chilled or frozen, reported the Ministry of Agricultural Development (MIDA). ¿Busca soluciones de inteligencia comercial para su empresa?Do you need more information about your business sector?Request more information: Need assistance? Contact us
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When Protectionism FailsFebruary 2019 The Panamanian government's decision to raise the tariff on meat imported from Nicaragua from 3% to 30% to allow local producers to compete has so far shown no clear results. More ProtectionismSeptember 2018 To correct alleged price distortions in the local market, the Panamanian government plans to regulate imports of beef from Nicaragua. Honduran Beef in TaiwanFebruary 2018 Empacadora Agroindustrias Del Corral has been authorized to export fresh, chilled or frozen beef to the Asian nation. Rising Agricultural Activity in PanamaDecember 2011 As of July 2011, agricultural activity continues to rise, in particular animal husbandry.
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