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    Home > Food News > Sweetener News > Costa Rica or protective tariffs on imported sugar Domestic consumer prices are not affected

    Costa Rica or protective tariffs on imported sugar Domestic consumer prices are not affected

    • Last Update: 2021-01-19
    • Source: Internet
    • Author: User
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    Costa Rica's sugar industry alliance (Laica) said recently that the country's sugar cane farming and sugar industry is currently in a difficult position due to the import of sugar, if not controlled, rural employment will be seriously affected.
    costa Rica's Republic newspaper reported that protective tariffs can effectively eliminate the risk that their industries will be destroyed by cheap imports and are a legitimate tool approved by the World Trade Organisation.
    Since last year, the Costa Rican Sugar Industry Alliance has been hoping that the government will impose protective tariffs on imported sucrose to avoid a bigger blow to local producers and to buy them the time necessary for industry adjustments.
    union said in a recent statement that the measures will not affect the final consumption price of sucrose in the domestic market, contrary to the claim is a rumor.
    The sugar industry is going through a complex situation caused by imports, with some sugar mills closing and some small producers at risk of disappearing," said Edgar Herrera, a representative of the Costa Rican Sugar Industry Alliance.
    at the request of producers, costa Rica's Ministry of Economy, Trade and Industry (MEIC) has conducted a technical analysis of the feasibility of imposing a sugar tariff and announced a hearing on 20 January.
    statistics, Costa Rica's sugarcane cultivation industry is currently composed of 7,511 independent production units, of which 83.5 per cent are small and medium-sized farmers.
    12 sugar mills in Costa Rica, three of which are cooperative in nature.
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