Costa Rica Eliminates Tariffs on Raw Materials

©image: Vicente Villamón

The elimination of the tariffs, which range between 10% and 15%, was done through an executive decree and it is was made possible after several agreements with other Central American countries which promoting progress toward trade integration." writes Nacion.com.

The country made the decision to issue a decree to reduce tariffs on raw materials not produced in industrial processes used in food industry in order to improve competitiveness of the productive sectors, in relation to raw materials like: species (cinnamon, cloves, anise seed, etc.), grain mill products (flour, barley flour, semula corn, oats) and cereal grains.

Source: Nacion.com

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