Nicaragua's Textile Sector and the TPLWednesday, August 13, 2014 The possibility that the United States will not renew tariff preferences for Nicaraguan textiles at the end of the year is forcing the industry to prepare changes to their production schedule. Although there is a possibility that the United States will grant an extension of the benefits of the Tariff Preference Level (TPL), if they are not renewed, starting January 1st, 2015 the Nicaraguan textile sector may no longer sell to United States products made from raw materials from countries that are not part of DR-CAFTA. Honduras Ranked Last in Mining InvestmentThursday, March 1, 2012 Guatemala and Honduras are among the worst countries in the world in which to invest in the mining industry. The Policy Potential Index (PPI) is a composite index, which measures how attractive countries policies are for developing mining projects. It is published by the Fraser Institute, whose vision is a free and prosperous world where individuals benefit more when they have more choice, when markets are competitive, and when there is greater personal responsibility. Its mission is to measure, study and communicate the impact of competitive markets and government interventions on people’s welfare. Consumer Trends in ShrimpWednesday, July 4, 2012 Price is the determining factor when buying shrimp in the U.S., and is even more important than the country of origin. A statement from the Costa Rican Trade Office: Tariff Preferences for Textiles At RiskTuesday, April 16, 2013 The preferential system which allows Nicaraguan textiles made with raw materials from countries outside of the DR-CAFTA to enter the U.S. without tariffs will expire at the end of 2014. "... By the end of next year the nine-year grace period given by the United States to Nicaragua will expire, a benefit known as tariff preference level (TPL) which allows the country to export clothing made from yarn and fabrics from third countries for a maximum annual volume of one hundred million square meters." noted an article in Laprensa.com.ni. Honduras: A Country on the Brink of BankruptcyFriday, January 25, 2013 There is an abundance of signs of deterioration of the Honduran state, where the fiscal crisis and the political crisis are feeding off each other. Roberto Arce's article for AP, published in Laprensa.hn, reviews the events that mark the depth of the institutional crisis, with cessation of salary payments to civil servants and an external public debt which has once again reached $5 billion, after international multilateral banks waived $3.5 billion in 2007. Diversification of Exports in Central AmericaThursday, September 25, 2014 In 2013 the export supply of the region in the international market was focused on integrated electronic circuits, coffee, bananas, sugarcane and medical devices. From a report by the Secretariat of Central American Economic Integration (SIEC):
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IT Services on Licenses and Technical SupportMonday, May 16, 2022 The Government of Honduras is tendering technical support services for equipment 24 hours a day, 7 days a week, virtually, by telephone or physical assistance, to diagnose and provide solutions to problems presented by the National Commission of Banks and Insurance. Government of Honduras Purchase LPN-CNBS-005-2022: Costa Rica: Airport to Issue $127 million in BondsTuesday, September 22, 2015 The company managing San Jose International Airport will be issuing bonds in order to refinance bank debt assumed in the works to expand the terminal. From a statement issued by Moody´s: S & P Downgrades El Salvador's DebtFriday, October 14, 2016 The ratings agency has reduced the rating for long-term sovereign debt from B + to B, arguing that political capacity to resolve the fiscal problem is shrinking. From a press release by Standard & Poor´s: |
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