Monday 27 September 2021

The Never Ending Tariff Conflict between Panama and Colombia

Paying the bills

Latest

Bianca, Mick Jagger’s first wife: “Nicaraguan by grace of God”

QCOSTARICA - Bianca Jagger, who was the first wife...

Alunasa, a Venezuelan state company in Costa Rica, leaves employees without salary

QCOSTARICA - The Venezuela state-owned company operating in Costa...

In Venezuela there is food, but expensive

Q24N - The Venezuelan economy has begun to reactivate....

Today’s Vehicle Restriction September 27: Plates ending in “1 & 2” CANNOT circulate

QCOSTARICA - For today, Monday, September 27, vehicles with...

Government will buy one million more covid vaccines for children and third doses in 2022

QCOSTARICA - The President of Costa Rica, Carlos Alvarado,...

Don’t forget the vehicular restrictions

QCOSTARICA - If you are out and about this...

UNA epidemiologist: “We are not better, we are less worse”

QCOSTARICA - The fact that the number of infections...
Paying the bills

Share

The Panamanian government has decided to increase, in some cases by up to 30%, import tariffs on several products, including flowers, cement and bituminous coal, most of which are imported from the South American country.

According to a Cabinet Decree published on January 10 in the Official Newspaper, the Panamanian government decided to modify several fractions of the National Import Tariff, taxing at 30% imports of roses, carnations, chrysanthemums, calla lillies, astomerias, gladiolas and “flor de confite” (Calyptronoma plumeriana (Martius) Lourteig), which mostly come from Colombia.

- Advertisement -

Imports of bituminous coal will be taxed at 15%, purchases of white cement at 5%. Added to the list of products with a tariff of 30% are toilet paper and paper towels.

Far from being resolved, the problem seems to be getting more and more complicated. What started more than two years ago with the imposition by Colombia of mixed tariffs on imports of textiles and footwear from Panama has turned into a kind of commercial war, in which both countries are using tariff increases to defend their position.

The new tariffs apply from February 1 of this year. See decree (in Spanish).

- Advertisement -
Paying the bills
Q Costa Rica
Reports by QCR staff

Related Articles

Costa Rica, Panama and Dominican Republic seek a solution for Haiti

QCOSTARICA - Costa Rica President Carlos Alvarado, Luis Abinader Corona of...

Group charged migrants US$22K to get them to the United States.

QCOSTARICA - A Costa Rican-Panamanian criminal structure charged migrants of 13...

Subscribe to our stories

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

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.