Colombia Ignores WTO Ruling, Maintains Tariffs on Panama Imports
Colombian Finance Minister Mauricio Cardenas and the Minister of Commerce Maria Claudia Lacouture announced Sunday, July 31 they will be maintaining tariffs on footwear and textiles imported from Panama to Colombia. The decision reportedly goes against World Trade Organization (WTO) policy. According to a WTO ruling, Colombia should have eliminated tariffs imposed against Panamanian products […]