Because of the health crisis generated by the spread of covid-19, shopping centers, restaurants, clothing and footwear stores, among other businesses, began to report a decline in commercial activity in Nicaragua.
Not all businesses in the commercial sector have been affected by the advance of the pandemic, as in recent days’ supermarkets and pharmacies have been crowded by consumers.
Authorities from both countries met to review pending procedures related to the export and import of products such as tomatoes, beef, chicken, fish and sausages.
The bilateral agenda also addressed the issues of international cargo transport, smuggling at border crossings, streamlining procedures and efficiency in processes, as well as the provision of facilities and measures restricting the international transport of land cargo, reported the government of Panama.
Guatemala's business sector responded with concern to President Trump's warning about imposing export tariffs and levies on remittances and transfers.
The announcement made by the president of the United States comes after the Guatemalan Constitutional Court issued a ruling in which it limits its foreign policy functions to the Executive, by granting a provisional injunction that prevents the negotiation or signing of any agreement.
In the NAFTA review carried out by the Central American and U.S. authorities, it is ruled out that the U.S. government will apply trade sanctions in retaliation for the deepening of the migration problem.
After the Trump administration pressured Mexico with the threat of increased tariffs on Mexican imports, the region has generated expectations for the planned review of the NAFTA with Central America.
The Panamanian government temporarily restricted road carriers from Honduras and Nicaragua from lifting cargo at bonded warehouses, free zones, and ports in Panama.
This action by the Panamanian government comes after the authorities evaluated a complaint made by local carriers, who protested about the treatment received in Honduras and Nicaragua.
Producing articles with avocado and corn seed resin, and products with additives that allow the decomposition of plastic in less time, are some of the strategies proposed by the sector to overcome the obstacles faced in the region.
As in the rest of the world, there have been several attempts in Central America to ban the use of some plastic products. For example, last month in El Salvador, a law initiative was presented to the Congress establishing a one-year deadline for companies to replace the use of plastic bags with articles made of other materials. See "El Salvador: Proposal to Ban Plastic Bags"
Panamanian authorities suspended the import of the product from the United States, after the FDA issued an alert for the alleged presence of the Escherichia coli bacteria in Romaine.
From the statement of the Panamanian Food Safety Authority:
November 21st, 2018. Based on the statement issued by the FDA on the afternoon of November 20th of this year, which textually states the following:
Because the creation of a new sanitary regulation in Mexico will take more than three months, it will be almost impossible to resume exports of fresh Honduran shrimp to the North American country this year.
Mexico's blockade of Honduran shrimp imports has been in effect since October 20 last year, after Mexican authorities cited the presence of yellow head disease in the product purchased.
New requirements that Mexican authorities intend to place on shrimp imports cultivated in Honduras do not indicate, at least in the short term, that there will be an eventual suspension of the blockade.
One of the objectives of the law on food safety approved by the National Assembly is to prevent imports of agricultural products during local harvest periods.
From a statement issued by from the National Assembly:
Arguing that the labeling does not really reflect the content of the product, the Panamanian government has suspended the entry of evaporated milk from the Pura Vida brand, from Grupo Gloria from Peru.
The decision was taken by the Panamanian Food Authority (Aupsa) after the National Association of Cattlemen reported that the market was trading importedmilk that was sold as evaporated milk"... when in fact it is a flavored and colored drink which imitates milk."
The Mexican government has filed a complaint with the WTO against Costa Rica over the imposition of restrictions on imports of avocados, in place since May 2014.
Through a decree issued by the Ministry of Finance between January and August 2017 agencies and distributors will not be able to import vehicles whose model corresponds to 2018.
Decree number 39941-H which the Ministry of Finance issued on October 21 in La Gaceta states that, in order to regulate the assessment procedure for the import of vehicles, between January and August 2017 units can not be imported whose models corresponding to the following year, 2018.
According to Moody's Costa Rica is one of the economies that could be affected significantly if after the presidential elections the U.S. decides to restrict its international trade policy.
From a press release by Moody´s:
New York, September 22, 2016 -- Mexico (A3 negative) and Costa Rica (Ba1 negative) are among the most exposed economies in the Americas, if the US (Aaa stable) were to shift toward a retrenchment from trade and investment ties after the November presidential elections, according to a report by Moody's Investors Service. Canada is less exposed since it does not benefit from the low labor costs that incentivized the offshoring of manufacturing operations.
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