Monday 14 June 2021

Unfair Competition for Guatemalan Footwear

cheyenne-bootie-ashburyskies-2012CENTRAL AMERICA NEWS – Local producers denounce the practice of triangulation, smuggling, under-invoicing and reporting new footwear coming from Chinaas as used.

In 2012 footwear exports generated $35 million, though at the end of 2014 this figure recorded a reduction of $4.2 million. The opposite has occured with imports, which between 2012 and 2013 amounted to $143 million and in 2014 increased by $7 million, according to figures from the Bank of Guatemala (Banguat).

Foreign trade expert Enrique Lacs, told that “… The main problem is the practice of triangulation. Footwear enters Guatemala under the category of American origin when it really comes from China. It is illegal and against the Free Trade Agreement with the United States. This problem is not new and warnings were given about it years ago. ”

- Advertisement -

José Manuel Tojín, president of the Union of Footwear and Associated Partmers with the Chamber of Industry Footwear, added “… the US uses a tariff item to send shoes which have allegedly been worn, but actually are new and come from Asia. This impacts domestic producers, as does invoicing shoes for a value less than their real worth. This makes the taxes and costs paid less and the price reduction affects the formal sector. ”


- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"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

Diseases, weather and low prices hit the orange sector in Costa Rica

HQ - The appearance of pests and diseases, in particular the...

Central America is back in the news for the wrong reasons, Costa Rica is once again the exception

QCOSTARICA - Osta Rica has been the epicenter of regional diplomacy...


On Monday the vehicle restriction will change, again

QCOSTARICA - In times of pandemic, things change constantly, especially when it is necessary to tighten the belt to reduce the contagion of covid-19. The...

Direct flight will connect Guanacaste with Austin starting in November

QCOSTARICA - American Airlines announced that starting November 2, 2021, it will offer a direct flight between Austin, Texas and the Daniel Oduber International...

Estadio Nacional

QCOSTARICA - The multipurpose national stadium, the first modern sport and event arena to be built in Central America, located La Sabana. The stadium was...

Today’s Covid News: A slight drop in new cases and deaths is seen

QCOSTARICA - Faced with wasting a vaccine dose when people in the priority groups scheduled do not show up, and a substitute cannot be...

Seven out of ten over 58 years have been fully vaccinated against covid-19

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS) reports that 70.3% of people over 58 years of age, the so-called Group 2 of...

Nicaragua government assures that detainees violated one of the Ten Commandments

TODAY NICARAGUA – The vice president of Nicaragua and First Lady, Rosario Murillo, assured that those who feel persecuted are for the crimes they...

Today’s Vehicle Restriction: June 8, “ODDS”

Today, Tuesday, June 8, only ODDS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

Daniel Ortega undertook a hunt for presidential candidates and opponents

TODAY NICARAGUA – In an unprecedented persecution, the Daniel Ortega regime detained four presidential candidates in one week, a move that is part of...

Will President Alvarado be vaccinated against Covid-19 soon?

QCOSTARICA - Costa Rican President Carlos Alvarado is just another citizen when it comes to covid-19 vaccination, given his young age and good health,...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

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.