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The Never Ending Tariff Conflict between Panama and Colombia

The Panamanian government has decided to increase, in some cases by up to 30%, import tariffs on several products, including flowers, cement and bituminous coal, most of which are imported from the South American country.

According to a Cabinet Decree published on January 10 in the Official Newspaper, the Panamanian government decided to modify several fractions of the National Import Tariff, taxing at 30% imports of roses, carnations, chrysanthemums, calla lillies, astomerias, gladiolas and “flor de confite” (Calyptronoma plumeriana (Martius) Lourteig), which mostly come from Colombia.
Imports of bituminous coal will be taxed at 15%, purchases of white cement at 5%. Added to the list of products with a tariff of 30% are toilet paper and paper towels.
Far from being resolved, the problem seems to be getting

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Written by Q COSTARICA

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