In the framework of the Second Meeting of the Administrative Commission of the Free Trade Agreement between Guatemala and the Republic of Taiwan, held in Taipei, Taiwan on July 8 and 9, both parties agreed to eliminate tariffs for the entry of certain products, informed the Ministry of Economy of Guatemala.

You may be interested in "Crops in Central America: Main Figures in 2018”

The statement adds that "... As a result of the agreement reached, Guatemala managed to increase the current sugar export quota with Taiwan, which enters the market free of tariffs. The agreement stipulates that Guatemala will be able to export a minimum of 125 thousand metric tons to the Taiwanese market, which positions the country as the most important partner for Taiwan as a supplier of this product. The agreement will come into force in the coming weeks."

Guatemalan authorities explained to Prensalibre.com that "... the 35% of sugar that Guatemala delivers to Taiwan is refined and the rest is raw, where it is refined again for human consumption and another percentage is used for other activities.”

Also see "Sugar: Export Price Plummets”

This agreement comes in a context in which an increase in the volume produced is reported, since the most updated figures of the Association of Sugar Producers of Guatemala (Asazgua) specify that between the 2017/2018 and 2018/2019 sugarcane harvest, a 7.7% increase in production was reported, going from 752,563 tons to 966,221 tons.

Source: prensalibre.com

More on this topic

Guatemala-Peru FTA: Sugar Dispute Remains

May 2019

Peruvian producers are against the import quotas that were approved in the trade agreement between the two countries, arguing that sugar production in Guatemala is subsidized.

The dispute goes back several years, since the imposition of tariffs on Guatemalan sugar is the reason why the entry into force of the trade agreement was postponed, which had been signed  by both countries in December 2011.

Taiwan to Import More Sugar from El Salvador

September 2017

The Asian country increased duty free sugar import quotas from 60 thousand to 80 thousand metric tons, and granted an additional quota to import a thousand kilos of dry fruit.

From a statement issued by the Embassy of Taiwan in El Salvador:

Panama to Sell More Sugar to Taiwan

May 2011

The nations have signed a tariff agreement which will increase the export quota.

Representatives of the Taiwanese and Panamanian governments signed an annex to the Tariff Reduction Program, which sets quotas of 21.000 metric tons of refined sugar and 39.000 metric tons of raw sugar for duty free entry to Taiwan.

Panama broadens terms of trade accord with Taiwan

June 2008

Panama and Taiwan agreed to broaden the terms of their four-year-old free trade agreement.

Panama was granted an increase to 1,000 metric tons in its quota for smoked pork exports, and there were increases too for sugar, processed chicken, dairy projects, fruits and juices. Taiwan won increases in quotas for manufactured goods, such as plastics, furniture and toys.