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CACIA totally disagrees with the Costa Rica-Colombia FTA

February 9, 2017 by Staff News Writer

The Chamber of the Food Industry (CACIA) expressed is total disagreement regarding the Costa Rica-Colombia FTA.

According to José Manuel Hernando, President of CACIA, no reasons were found to justify a change in the delicate political and economic agreements that led to the closure of this bilateral negotiation.

We know that some companies in the food industry initially showed interest in exporting; However, as COMEX was able to verify, these wills were practically annulled, not because of the conditions agreed between both countries, but because of the existence of a Colombian exchange rate band that distort price systems, making them great obstacles for the international trade,

expalined Hernando.

The treaty revision has included 321 tariff items, out of which there is an important group of the sector that has a protection condition.

In addition, the tariff items under revision consider products such as flours, pastas, modified milks, biscuits, confections, chocolates, baking, sauces, soups, ice creams among others.

Recently, the Chamber of Pork Production stated that Colombia presents a series of internal conditions that facilitate its competitiveness and therefore the disposition to have a better opening of the market.

An important aspect is that the request of refusal from the food industry includes the entire process of the Pacific Alliance (AP).

crhoy.com

Related articles:

  1. CACIA will discuss Costa Rican economy
  2. Importers are analyzing the advantages of the Costa Rica-Colombia Free Trade Agreement
  3. Colombia and Costa Rica started to renegotiate the free trade agreement
  4. Costa Rica has the potential to export goods to the Colombian market
  5. Costa Rica to eliminate visa requirement for Colombia and Pacific Alliance
  6. UN chose another Costa Rican police officer to participate in Colombia´s peace process

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