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68% to the normal level of 45%
.
Costa Rica’s “Nation” reported on July 20 that, based on the free trade agreement signed between Costa Rica and Canada, Canada annually exports 4,000 tons of non-originating (from a third country) purified cane sugar to Costa Rica
.
In order to protect the development of the country's cane sugar industry, the Costa Rican Sugarcane Agro-Industry Alliance (Laica) filed a complaint with the government.
The Costa Rican government also decided in August 2020 to increase the tariff rate on Canadian cane sugar from 45% to 72.
68%
.
.
In order to protect the development of the country's cane sugar industry, the Costa Rican Sugarcane Agro-Industry Alliance (Laica) filed a complaint with the government.
The Costa Rican government also decided in August 2020 to increase the tariff rate on Canadian cane sugar from 45% to 72.
68%
.
Faced with this decision, Canada filed a complaint with the World Trade Organization (WTO) and asked the Costa Rican government to conduct bilateral negotiations on tariff increases
.
After a series of negotiations, the Costa Rican government recently signed a memorandum of understanding with Canada and cancelled measures to increase tariffs
.
It is reported that by signing the memorandum of understanding, Canada has also decided not to impose trade counter-tariffs on other commodities exported from Costa Rica
.
.
After a series of negotiations, the Costa Rican government recently signed a memorandum of understanding with Canada and cancelled measures to increase tariffs
.
It is reported that by signing the memorandum of understanding, Canada has also decided not to impose trade counter-tariffs on other commodities exported from Costa Rica
.
But Juan Carlos Sandoval, general manager of Costa Rica’s main sugar import company "La Maquila Lama SA", believes that the memorandum of understanding signed between Costa Rica and Canada is not satisfactory, but at least Costa Rica will not Continue to get deeper and deeper in the troubles caused by the sugar tariffs
.
.
