Opportunities from Panama - Israel FTAWednesday, May 21, 2014 Israel may become the entrance door to the Middle East for the panamanian exports. In 2013, Panama generated $1.47 million exporting its own products to Israel and about $86,000 from re-exports. A free trade agreement with Israel, a process that has just begun with the completion of the first round of talks in Jerusalem, could become a valuable opportunity to increase the numbers of agricultural exports and those from other productive sectors. Panamanian Pineapple is Being Sold in IsraelFriday, June 18, 2021 After HBM Global Trading Corp exported the first shipment of MD2 pineapple, the fruit began to be sold in Israeli supermarkets. Prilatinode is the brand name of the exported pineapple, which was packed in 300 gram packages and arrived in Israeli markets in a shipment of 525 boxes, being the first to be exported under the Israel-Panama Free Trade Agreement (FTA). Agro: Panama is Getting Ready to Export to IsraelFriday, January 31, 2020 Authorities from both countries defined the actions they must execute in terms of sanitary requirements, so that Panama can start exporting products such as pineapple, beef, coffee and cocoa, among others, to Israel. The entry of these Panamanian products to the Israeli market is within the framework of the Free Trade Agreement between the two economies, which was signed in May 2018 and ratified by the National Assembly of Panama in October 2019. Food Consumption Trends in IsraelThursday, August 31, 2017 Hot drinks such as coffee and tea, chocolates, biscuits and fruit snacks, sauces and preparations, and processed fruits are foods with export potential to the Israeli market. From a report by Procomer Costa Rica: Opportunity for Food and Metalworking in IsraelFriday, May 20, 2016 Fruit juices and concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs are among the products with the potential to enter the Israeli market. A study by the Costa Rica Foreign Trade Promotion Office has identified 63 products that have export potential indicative to the Israeli market. The sector with the greatest potential is food (19%), followed by livestock and fisheries (19%) and metallurgy (17%). Among the products are: juices and fruit concentrates, canned tropical fruit, water, electric cables, laminated iron or steel products, antisera and drugs. Plan to Build Three Agricultural CentersWednesday, May 23, 2018 Construction is planned for next year, on a plot of land measuring between 7 and 10 hectares in the province of Los Santos, Panama, of the first of the three centers of agricultural excellence. After the signing of a memorandum between the agricultural authorities of Israel and Panama, it was agreed to build three agricultural centers valued at $6 million. The first center will be located specifically in El Ejido, province of Los Santos, in the facilities of the National Institute of Agriculture. Panama: Investment in Agricultural ResearchMonday, November 28, 2016 Forecasts are that in 2017 $12 million will be allocated to the renovation and equipping of animal and plant health laboratories belonging to the Agricultural Research Institute. The director of the Institute of Agricultural Research in Panama (IDIAP) told Capital.com.pa that "... the new headquarters in Tapia and the institution's animal and plant health laboratories will have a $4.3 million investment." Guatemala to Invest in Irrigation SystemsFriday, May 20, 2016 As part of the Agricultural Plan to be implemented within 5 years, the government has announced that starting 2017 it plans to invest $380 million in recovery of 29 irrigation systems in nine municipalities. The objective of the plan announced by Morales administration is to improve the irrigation of 3300 hectares of arable land in the nine municipalities in the Dry Corridor. Complicated Panorama for PineapplesWednesday, August 15, 2018 Low international prices, overproduction and greater competition from markets such as the Philippines, is worrying Costa Rican pineapple exporters. On top of those factors is also the fact that exports to China have not grown as much as expected, due to complications faced in getting the product there in perfect condition. According to the exporters themselves, this difficulty "... is taking Costa Rica out of the market, as it takes between 28 and 30 days to arrive and it is estimated that a maximum of 20 days is required to maintain the quality intact." Costa Rica Now Buying Avocados from NicaraguaTuesday, September 1, 2015 The ban on importing the fruit from Mexico and other countries has increased the purchases in Nicaragua, where in six months the amount imported was the equivalent to the imports of 2014. While the restrictions imposed by the State Phytosanitary Service of Costa Rica have affected Mexican and Guatemalan exporters , Nicaraguans have benefited, and avocado sales could continue to grow if the measure is extended. Costa Rica Protects Its AvocadosMonday, May 11, 2015 Warnings are being given of shortages in the market, after the Phytosanitary Service banned the import of the fruit from nine markets. According to the director of the State Phytosanitary Service (SFE), at the Ministry of Agriculture and Livestock (MAG), the decision to ban imports of avocados from Australia, Spain, Ghana, Guatemala, Israel, Mexico, South Africa, the Bolivarian Republic of Venezuela and Florida, in the US, was taken to prevent the entry of the virus known as Sun Blotch, present in these markets. The Chamber of Importers of Perishables Products ensures that there will be a shortage because "... only 20% of total consumption (14,000 tonnes) are harvested in Costa Rica." New Markets for Nicaraguan CoffeeMonday, July 24, 2017 Malaysia, India, the Dominican Republic, Israel, Georgia and Syria are the six countries that for the first time imported Nicaraguan coffee during the 2016/17 harvest. At a value of almost $10 million, Nicaragua exported 65,000 hundredweight of coffee to these six countries during the 2016/17 harvest. Although only small amounts were sold in each of these markets, the grain exporters' association believes that the opening of new destinations for Nicaraguan coffee is positive. Online Coffee Auction in PanamaWednesday, April 30, 2014 On June 24, there will be an international auction via the internet of the top 20 grains from traditional and geisha categories. The 20 coffee lots to be auctioned internationally will be selected from a total of 23 lots that will be evaluated by national and international judges from the United States, Australia, Japan, Taiwan, Spain, South Korea and Colombia. Agrochemicals: Nicaraguan Market DecreasesMonday, February 24, 2020 Because fertilizers became more expensive due to the tax reform implemented last year, for the 2019-2020 agricultural cycle the volume demanded in the country fell by approximately 220,000 quintals. Distributors in the country estimate that with the Tax Concentration Law approved at the end of February 2019, fertilizer prices increased up to 17% and agrochemicals between 20% and 30%. Tax Incentives for AgricultureFriday, January 31, 2020 In order for Guatemalan producers to compete under the same conditions as neighboring countries, the government is preparing a bill that seeks to exempt agricultural inputs from VAT. The initiative, known as the "Fiscal Equity Law", is being prepared by the Ministry of Agriculture, Livestock and Food (Maga), because, according to the institution's top official, other Central American countries do not charge value-added tax (VAT) on agricultural inputs. |
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