Transportation Taxes Worry Businesses in the Region

The FEDEPRICAP believes the new transport charges imposed by governments in the region will have a negative impact on competitiveness and development.

Friday, July 12, 2013

In a statement, members of the Federation of Private Entities in Central America, Panama and the Dominican Republic (FEDEPRICAP) said that Central American integration and the customs union "is not a specific goal, but a process of promoting the free movement of goods, trade facilitation, and the passage of people. "

This is why we are asking regional governments "to reconsider the measures taken", not only to facilitate trade, but also not to transgress regional agreements.

"In the absence of reforms, the new fees will impact adversely on the transit of goods, services and people in each of the Central American countries, adversely affecting economic and social development," it added.

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