US extends CBI until 2010The preferential tariffs that the US gives to Central America and the Caribbean was to expire this year, however it was extended until 2010.Tuesday, January 13, 2009
According to prensa.com, "The United States has extended the Caribbean Basin Initiative (CBI) until 2010. Source: Prensa.com ¿Busca soluciones de inteligencia comercial para su empresa?Mexico Maintains Low Tariffs in Border AreasNovember 2013 The term of the decree allowing the border areas of Mexico to import goods at a significantly lower charge than in the rest of the country has been extended for three years. Commodity Tax Removed from Colombian Raw MaterialsMarch 2012 Nicaragua will eliminate the 35% tax on Colombian imports, which created a a disadvantage to local businesses compared to the rest of the region. Guatemala to Reactive Tariffs Suit Against El SalvadorMay 2011 Guatemala will reactivate a lawsuit filed in 2006 for the elimination of tariffs on metallurgical products. Panama Requests CBI Extension to the U.S.September 2009 The government requested an extension of the benefits of the Caribbean Basin Initiative (CBI), until the FTA is ratified.
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