Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Costa Rica will suspend tariff benefits for Panama

In 2020, a tribunal ruled in favor of Costa Rica, after Panama imposed limitations on the importation of fresh tomatoes from Costa Rica. Costa Rica’s Minister of Foreign Trade, Manuel Tovar, said that the decision of the Panamanian authorities affects its consumers and Costa Rican exporters.

Tovar: “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.”

The actions described by the Minister added to the defense carried out by Costa Rica within the framework of the World Trade Organization, relating to restrictions imposed by Panama on Costa Rican exports of strawberries, fresh pineapple, bananas, plantains and more.

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.

Source: qcostarica.com

Publication date: