Panama Implements Strategy for Promoting ExportsMonday, February 8, 2010 The recently created Promotion Agency will focus on boosting sales of traditional export products. These include melon, watermelon, gourd and high-altitude coffee, explained José Domingo Arias, Trade vice minister. Venezuelan Devaluation to Impact PanamaWednesday, January 13, 2010 The Colón Free Zone will be affected, warned José Domingo Arias, Commerce vice minister. Venezuela is one of the leading re-export destinations of the Colón Free Zone. As such, the decision by the Venezuelan government to devaluate its currency by 100% will impact the Free Zone negatively. Taiwanese Entrepreneurs Visit PanamaMonday, July 27, 2009 From August 16 to 19, potential investors from the country will visit Panama to analyze investment and development opportunities. The Taiwanese entrepreneurs are interested in knowing the different investment options Panama has to offer, both for foreign and national investors. Panama: Draft on Free Zones Law ApprovedFriday, December 3, 2010 The project approved by the Executive establishes a comprehensive and simplified special scheme for establishment and operation of free zones. The initiative, presented by Roberto Henriquez, Minister of Trade and Industry, seeks, among other objectives, to adapt national legislation to requirements of the World Trade Organization (WTO). EU Increases Offer for SugarMonday, June 8, 2009 The new offer increases the quota for sugar from Central America that can enter the European Union without tariffs to 100,000 tons. According to La Prensa Gráfica, the president of the Sugar Association of El Salvador, Armando Arias, indicated that "the Minister of the Economy said publicly that he knew–off the record-that the EU might offer up to 100,000 tons to Central America.” Costa Rica - China FTA moves aheadTuesday, January 6, 2009 This week the program for informing business owners and other private organizations about the future of the FTA begins as a part of the preliminary stage before starting the negotiations. According to terra.com "To this end, the technical team will analyze the characteristics of the China - Peru and China - Chile FTAs during a seminar that will be held this Wednesday in San Jose, and which will be attended by business owners and leaders from the private sector, the Nacion daily reported." Milk Supply Increases in Central AmericaThursday, December 4, 2014 The main dairy producers and exporters in the region are preparing for the beggining of operations in Nicaragua by the Mexican dairy plant Lala. It is expected that by early 2015 the plant owned by the company Lala will start operating in Nicaragua, meaning that "... Competition for the Central American market over milk and its derivatives will be more intense. " President of Panama and Costa Rica sign FTAFriday, October 24, 2008 Panamanian President Martin Torrijos will travel to Costa Rica on October 24 to sign the FTA between the two countries. The sign ceremony for the Free Trade Agreement between both countries will be held at the Presidential House in Costa Rica. Costa Rica will ask for an extension on CAFTA without a deadlineMonday, September 22, 2008 Costa will ask the United States this week for an extension without a deadline to approve the last law required for CAFTA to come into force. "I will see if they accept that when we make the pertinent modifications, which the Constitutional Court recommended, the commercial agreement will finally come into force," declared Oscar Arias, President of Costa Rica, in statements published in the La Prensa Libre newspaper. Qatar, Costa Rica, Petroleum, InvestmentFriday, January 22, 2010 Oscar Arias and Emir Sheikh Hamad bin Khalifa Al Thani had met during the previous UN assembly. Now they'll meet again in Guanacaste. They will sign agreements for tourism and culture as well as a memorandum of understanding for political consultation. Extended Hours at Honduran Customs OfficesMonday, November 28, 2016 All customs posts, including that of Puerto Cortés, will operate 12-hour days 7 days a week, in order to decongest and streamline processes that have been become delayed. From a statement issued by the Chamber of Commerce and Industries in Cortés: Costa Rica: Attempts to Stop Rice ImportsTuesday, June 10, 2014 Rice producers fear not being able to sell their rice harvest because of the entry of rice from countries such as Argentina, Brazil and Uruguay at much lower prices than local ones. "At great risk are 60,000 hectares of rice, for which there is no known market for this production because Costa Rica is being invaded by milled rice imports from southern countries (Argentina and Uruguay)," said the new President of the National Assembly of Rice Producers, Domingo González. " Uruguayan President Visits Costa RicaFriday, April 17, 2009 President Tabaré Vásquez will be accompanied by Uruguayan entrepreneurs who will engage in business conversations with their Costa Rican peers. The Uruguayan president will arrive in Costa Rica on Wednesday, April 22, and the official meeting with Costa Rican President Oscar Arias will be on Thursday, when cooperation agreements will be signed. Costa Rica prepares for market in ChinaThursday, January 22, 2009 The Foreign Trade Promoter presented its strategy to strengthen the image of the country, business processes, to make contacts, and strengthen exports. ElFinancierocr.com report that "Cinthya Arias, a commercial analyst at Procomer, explained that after the visit of a team to China, they identified three important tendencies in the Chinese market. The Chinese community is assimilating western consumer habits more and more, which is translating into a new emerging lifestyle which offers..." Costa Rican President Signs Free Zone LawTuesday, January 12, 2010 President Oscar Arias signed a law modifying the Free Zone regime in Costa Rica. The bill was introduced by the Executive on April 2009, and was finally passed on December 17th by the Legislative Assembly. |
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