Customs Duties on Imports from EuropeMonday, September 10, 2012 There is a requirement to avoid duplicate collection of customs duties levied on imports in order to meet the provisions of the trade pact with the European Union. The commissioner of Customs at the Superintendency of Tax Administration (SAT) in Guatemala, Oscar Funes, referred to the commitments made by the region in the signing of the Association Agreement between Central America and the European Union, signed on 29 June. Integration Held Back by Large ObstaclesMonday, November 2, 2009 In spite of globalization driving various forms of private economic integration, there still remain custom and tariff barriers. International commerce experts agree that in order to fully take advantage of the benefits of free trade agreements with extra-regional blocks, Central America must complete the economic integration process started on October 14, 1951. Reimbursement of Import Tariff from EUWednesday, July 15, 2015 The Ministries of Finance have concluded an agreement to reimburse double charging of tariffs on products entering the EU from the region. Currently, goods entering the European Union in one country which are then transported to another, pay tariffs at each of the borders. With the agreement, the entry fee will be paid only once. This was one of the requirements demanded in the Association Agreement with Europe. |
|