In Nicaragua, authorities reported a decision to suspend collection of the additional fee of $0.05 for each kilogram exported or imported by air.
The extra charge came into effect last April 25, but from the beginning the private sector spoke out against it, because it was argued that the tariff that the Nicaraguan government would apply, would put some local companies on the border of closure and cause a decrease of about $50 million annually.
The plan to impose a 5% tariff on Mexican products entering the U.S. would open up opportunities for Central American countries to increase their sales to the U.S., but there are fears that similar measures could be taken against the region.
On May 30, President Trump announced on his Twitter account that he plans to impose a 5% tariff on Mexican products entering the U.S.
On September 1 and 2 Nicaraguan exporters from various sectors will be exhibiting their merchandise in Managua and taking part in business rounds with international buyers.
The Nicaraguan exporters' union is inviting local and international businessmen to take part in business rounds within the framework of the ExpoApen 2017 exhibition.
The high demands for quality standards, traceability and safety constitute a barrier to making the most out of the Agreement.
In the view of representatives from the Nicaraguan export sector, it has not been possible to make the most out of the association agreement with the European Union in its first two years, due to, among other things, unfavorable international prices, as has been the case of products such as sugar, coffee , cocoa, oil and alcohol.
Agro-export activity in the region will not be able to compete with efficient producers in Asia if they do not generate more added value and industrialize production processes.
More productivity is what producers and exporters in the Agricultural Sector in Central America need to achieve if they want the competitiveness of their products to be not only maintained, but increased.