Customs Offices Should be Open 24/7 for CargoThursday, June 12, 2014 In order to expedite intraregional trade it is necessary for customs offices dealing with cargo freight, to be open all hours, just as immigration customs offices are. A study commissioned by the Federation of Chambers of Commerce of Central America (Fecamco) concluded that there are 87 barriers to trade in the region, one of the major ones being operations of the systems at customs offices at borders, followed by bureaucratic requirements and lack of adequate infrastructure. Panama: Central American Customs Union In 6 monthsMonday, April 25, 2016 The current customs legislation has been unified into a single document and changes will be implemented in processes to establish deposits made to order merchandise and refunding taxes, among other things. Approval of the decree that integrates into a single document all national regulations and the Central American Uniform Customs Code (Cauca) is one of the steps that was needed for full integration of Panama into the Central American Customs Union. It is expected that accession to the bloc will occur within six months. Nicaragua: New Charges for Customs InspectionsWednesday, July 9, 2014 Approval has been given to the amendment to the law on scanned inspections which replaces the rate of 0.26% on the value of the goods with a fixed fee of $70 for goods exceeding $2,000 and $20 for goods valued at between $500 and $2000. Goods under the free zone regime, which are transported by land or sea, will pay $30 and goods transported via air will have a rate of $25, while perishable cargo has a fixed rate of $20. |
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