Thursday 1 December 2022

Costa Rica will suspend tariff benefits to Panama

Trigger: Panama refusing to respect the import and marketing of Costa Rican tomatoes

Paying the bills

Latest

It’s December, the ‘Aguinaldo’ month!

QCOSTARICA - A thirteenth salary, or end-of-year bonus, in...

Government announced a reduction in the 2023 Marchamo after an update in the methodology

RICO's DIGEST (OPINION)  The government of Rodrigo Chaves announced...

Thomas Müller disses Costa Rica: “8-0 is possible”

QCOSTARICA - Bayern Munich legend Thomas Müller is confident...

Getting your driver’s license made easier

QCOSTARICA - Getting your driver's license in a single...

Database published with more than 1.4 million Costa Rican WhatsApp numbers

QCOSTARICA - ESET, a leading proactive threat detection company,...

Pandemic Aggravated Violence against Women in Latin America

Q REPORTS (IPS) - Violence against women has failed...

Dollar Exchange

¢596.50 Buy

¢604.70 Sell

1 December 2022 - At The Banks - BCCR

Paying the bills

Share

QCOSTARICA – Costa Rica will suspend Panama’s tariff benefits for refusing to respect the importation and marketing of Costa Rican tomatoes.

In 2020, an arbitral tribunal ruled in favor of Costa Rica, after Panama imposed limitations on the importation of fresh tomatoes from Costa Rica.

- Advertisement -

Costa Rica’s Minister of Foreign Trade, Manuel Tovar, said that the decision of the Panamanian authorities affects its consumers and Costa Rican exporters.

“The Ministry of Foreign Trade has an absolute commitment to the defense of the rights provided by international trade agreements, which opens opportunities for prosperity for all. From this perspective, and as an actor respectful of International Law, Costa Rica will use all legal avenues of action to ensure compliance with the commitments assumed by the parties within the framework of the Central American economic integration process,” highlighted Tovar.

The actions described by the Minister added to the defense carried out by Costa Rica within the framework of the World Trade Organization (WTO), in relation to restrictions imposed by Panama on Costa Rican exports of strawberries, fresh pineapple, bananas, plantains, dairy products, and meat.

This process, which is separate from the tomato case, is at an advanced stage and the panel’s work continues in accordance with the established procedural calendar.

Participating as third countries interested in this dispute are the United States, the European Union, the United Kingdom, Canada, Mexico, China, India, Brazil, Australia, Guatemala, Honduras, Nicaragua, Russia, and Chinese Taipei.

 

- Advertisement -

 

 

- Advertisement -
Paying the bills
Avatar photo
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

It’s December, the ‘Aguinaldo’ month!

QCOSTARICA - A thirteenth salary, or end-of-year bonus, in Costa Rica...

Thomas Müller disses Costa Rica: “8-0 is possible”

QCOSTARICA - Bayern Munich legend Thomas Müller is confident that the...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.