The Foreign Trade Corporation of Costa Rica has officially opened its trade promotion office in Doha, in order to expand opportunities for domestic exporters.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (PROCOMER):
Monday 9 May, the Foreign Trade Promotion Office of Costa Rica (PROCOMER) has officially opened its first trade promotion office in Doha, Qatar.
Procomer identified 726 Costa Rican export products as having some level of potential to be marketed in Russia.
From a press release issued by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
After statistical analysis prepared by the Costa Rican Foreign Trade Promotion Office (PROCOMER) it has been revealed that there are 726 goods among Costa Rican exports with some level of potential to be marketed in Russia, a transcontinental nation which forms part of the emerging nations and whose population is 143.1 million.
Guatemala is to ask the European Union for a postponement of the entry into force of the Association Agreement with the block.
According to Maria Luisa Flores, Deputy Minister of Foreign Trade, the Guatemalan Congress has not yet approved the industrial property law which certifies the 114 geographical indications required for the AA. "We are going to launch a supporting diplomatic offensive against the European Union, so that they can give the country a chance to enter belatedly," he added.
Following the signing of the trade agreement, the government of Panama has not provided information about Colombia's treatment of the exports from the Colon Free Zone.
Meanwhile, the Ministry of Commerce, Industry and Tourism of Colombia said that "the Colombian industry is the net winner" of this FTA, something that the Association of Users of the Colon Free Zone (CFZ) expressed its discontent over due to lack of information from the Panamanian authorities.
Businessman point to the great effort that is needed to meet the requirements for the country to join the Organization for Economic Cooperation and Development.
Elfinancierocr.com reports that the Costa Rican Union of Chambers and Associations of Private Enterprise (Uccaep) sees several aspects of the eventual accession to the OECD as positive, "OECD countries have improved public policy issues such as legal certainty, modernization of the state, promoting competitiveness and transparency through rigorous evaluations and comparisons with countries with which we are competing globally. "
Both nations will begin negotiations on a bilateral trade agreement as a step towards the incorporation of Panama into the Pacific Alliance.
From a press release by the Ministry of Economy of Mexico:
The governments of the United States of Mexico and the Republic of Panama have formally announced the decision to start negotiations for a Free Trade Agreement.
Preferential access to Costa Rica for Colombian products and services becomes relevant when we take into account that in the Central American country purchasing power is 20% higher than in Colombia.
According to an article in Dinero.com, in the view of the Ministry of Commerce of Colombia the trade agreement with Costa Rica involves reducing and eliminating tariffs and non-tariff barriers on Colombian exports to major markets in Central America, along with clear and stable rules for investors in Costa Rica.
Salvadoran Customs offices have increased charges for procedures at night or at weekends, from $6.86 to $315.24.
According to representatives from business and industry, this measure taken by the Salvadoran government, threatens to undermine the productive chain and business in the country.
"The discomfort arises because the Ministry of Finance through the Directorate General of Customs, promoted Executive Agreement number 763, published in the Official Journal on 29 April, which details charges of $259.33 per hour for extraordinary services (those between 4:00 and 6:00 pm), when previous charges were $3.43 ", reported Elsalvador.com .
The Association Agreement between Central America and the European Union will enter into force on August 1 for countries which ratify it before July 15.
From a press release from the Ministry of Foreign Trade of Costa Rica (COMEX):
Today, the deputies in charge of foreign trade of Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama met in San Jose, where they held a video conference with the Director General of the Directorate General for Trade of the European Commission, Joao Aguiar Machado, who served as Chief Negotiator for the European Central America Association Agreement (CAAA). During the meeting they discussed the progress of the registration of geographical indications in the legislative process and approval of the Agreement.
The cause is a contraction in consumption in major markets for Guatemalan exports, mainly sugar, coffee and rubber.
This is mainly due to international market stagnation and decline in prices of commodities such as sugar and coffee. "Among these markets is the U.S., the country's main trading partner. According to statistics from the Bank of Guatemala, during the first three months of the year $1.016 billion was exported to this country, showing a decrease of 2.4% compared to the $1.041 billion recorded last year, ie a loss of $24.5 million," noted an article in Elperiodico.gt.
Products such as drugs, tires, plants, plastics, bread, cookies, flavored alcoholic beverages and batteries will be able to enter Colombia without incurring taxes.
This was confirmed by the Minister of Foreign Trade, Anabel Gonzalez. "The agreement will bring about the meeting of Gonzalez with her Colombian counterpart, Sergio Diaz-Granados, in the city of Cali during the VII Summit of the Pacific Alliance in which the country will participate.
Since the entry into force in 2006 of the DR-CAFTA, the tip in favor of the U.S. in the trade balance has multiplied by 5.
"The Central America to which President Barack Obama is coming to visit on on Friday is a region that maintains multiple communication vessels with the United States, including a growing trade relationship which in 2012 amounted to $40 billion, although very much in favor of the American power," reported Prensa.com.
The vegetarian trend has become more radical in the UK, where there is a demand for cosmetics produced free of any animal inputs.
From an article by the Costa Rican Trade Promotion Office (PROCOMER):
In the UK, hand in hand with the lifestyle trend of vegetarianism and veganism, there has been a growth in the demand for cosmetics which do not contain animal inputs, with some products satisfying this criteria already existing already in the market.
The Customs Directorate is calling on companies involved in foreign trade to take part in the AEO Programme.
The Customs Directorate is inviting producers, importers, exporters, carriers, customs agents, bonded warehouses, Consolidated / deconsolidated companies, courier companies, free zones and ports, to form part of the AEO Program of Guatemala, which strikes a balance between security and facilitation of international trade, through a strategic alliance between the Customs Administration, the Tax Authority and the different participants in the supply chain.
The Customs Economic Operator project seeks to facilitate a safe way for customs clearance for imports and exports.
From a press release issued by the Executive Directorate of Revenue (DEI):
The advances in the Customs Economic Operator project (OAE by its initials in Spanish) to safely facilitate clearance of goods at regional and global level by Honduran private companies, were presented by the Executive Directorate of Revenue (DEI), in a workshop entitled "Developing a competitive advantage in today's market through public-private dialogue. "