{"id":24137,"date":"2018-09-17T14:14:30","date_gmt":"2018-09-17T19:14:30","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=24137"},"modified":"2018-09-17T14:14:30","modified_gmt":"2018-09-17T19:14:30","slug":"more-protectionism","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/more-protectionism\/","title":{"rendered":"More Protectionism"},"content":{"rendered":"<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2018\/09\/Beef-cattle1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-24138\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2018\/09\/Beef-cattle1.jpg\" alt=\"\" width=\"661\" height=\"419\" srcset=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2018\/09\/Beef-cattle1.jpg 661w, https:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2018\/09\/Beef-cattle1-300x190.jpg 300w\" sizes=\"auto, (max-width: 661px) 100vw, 661px\" \/><\/a><\/p>\n<p>To correct alleged price distortions in the local market, the Panamanian government plans to\u00a0<a class=\"hlink\" title=\"regulation\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22regulation%22\">regulate<\/a>\u00a0<a class=\"hlink\" title=\"import\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22import%22\">imports<\/a>\u00a0of beef from Nicaragua.<\/p>\n<p><span dir=\"ltr\">The Ministry of Agricultural Development (MIDA)&#8217;s plan is to establish new import rules, which will aim to correct the &#8220;distortion in the price of\u00a0<a class=\"hlink\" title=\"beef\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22beef%22\">beef<\/a>\u00a0paid for the local product.&#8221;<\/span><\/p>\n<p><span dir=\"ltr\">The new regulatory framework, which according to Panamanian authorities consists of imposing an import\u00a0<a class=\"hlink\" title=\"Tariffs\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22Tariffs%22\">tariff<\/a>\u00a0that would vary between 15% and 50%, depending on the tariff heading, will come into force through a decree issued by the Ministry of Commerce and Industries ( MY CI).<\/span>\u00a0<span dir=\"ltr\">Initially, the measure will only apply to purchases made in\u00a0<a class=\"hlink\" title=\"Nicaragua\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22Nicaragua%22\">Nicaragua<\/a>, since according to representatives of the MIDA, these are the ones that are most affecting the local beef market.\u00a0\u00a0<\/span><\/p>\n<p><span dir=\"ltr\">See\u00a0\u00a0&#8220;<a href=\"https:\/\/centralamericadata.com\/en\/product\/inteligenciaComercialReporte\/7185413\" target=\"_blank\" rel=\"noopener noreferrer\"><u>Bovine meat market in Central America<\/u><\/a>&#8220;<\/span><\/p>\n<p><span dir=\"ltr\">According to the head of the MIDA,\u00a0<a class=\"hlink\" title=\"Eduardo Carles\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22Eduardo+Carles%22\">Eduardo Carles<\/a>, &#8220;<em>\u00a0&#8230;<\/em><\/span><span dir=\"ltr\"><em>&#8216;In the last 20 months there has been speculation in the price of beef cattle in the country.\u00a0<\/em><\/span><span dir=\"ltr\"><em>These irregular lows have caused distortions in the local market, and in conjunction with producers and the agro-industry action is being taken in this regard.<\/em>&#8220;<\/span><\/p>\n<p><span dir=\"ltr\">According to a report by the trade union of entrepreneurs in the sector, the price paid to producers has been falling in recent years, given that between 2016 and 2018 a kilo of calf\u00a0<a class=\"hlink\" title=\"meat\" href=\"https:\/\/www.centralamericadata.com\/en\/search?q1=content_en_le:%22meat%22\">meat<\/a>\u00a0went from $2.63 to $2.22, and in the case of a kilo of steer, it went from $2.22 to $2.02.<\/span><\/p>\n<p><span dir=\"ltr\">Carles added that they have &#8220;<em>\u00a0&#8230; asked the MICI that no later than next Monday (yesterday) the request made by Mr. Juan Carlos Varela be delivered to us to establish regulatory mechanisms for certain types of commercial meat cuts\u00a0that are coming into the country and which in effect are damaging the commercial line and distorting profit margins of slaughterers and owners of supermarkets and grocery stores.<\/em>&#8220;<\/span><\/p>\n<p><span dir=\"ltr\">It is important to remember that at the beginning of August, several organizations of local agricultural producers organized several demonstrations against the supposedly excessive entry of products such as dairy products and meat.<\/span>\u00a0<span dir=\"ltr\">See &#8220;<a href=\"https:\/\/centralamericadata.com\/en\/article\/home\/La_lucha_contra_las_importaciones_agrcolas\" target=\"_blank\" rel=\"noopener noreferrer\"><u>Fight against agricultural imports<\/u><\/a>&#8220;<\/span><\/p>\n\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f16536-o1\" lang=\"\" dir=\"ltr\" data-wpcf7-id=\"16536\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/blog\/wp-json\/wp\/v2\/posts\/24137#wpcf7-f16536-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"16536\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1.6\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f16536-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/>\n<\/fieldset>\n<p><B><I>Sign Up for our Newsletter:<\/i><\/b>\n<\/p>\n<p>Your Name (required)\n<\/p>\n<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-name\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"text\" name=\"your-name\" \/><\/span>\n<\/p>\n<p>Your Email (required)\n<\/p>\n<p><span class=\"wpcf7-form-control-wrap\" data-name=\"your-email\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email\" aria-required=\"true\" aria-invalid=\"false\" value=\"\" type=\"email\" name=\"your-email\" \/><\/span>\n<\/p>\n<p><input class=\"wpcf7-form-control wpcf7-submit has-spinner\" type=\"submit\" value=\"Send\" \/>\n<\/p><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>To correct alleged price distortions in the local market, the Panamanian government plans to\u00a0regulate\u00a0imports\u00a0of beef from Nicaragua. The<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,247,241,39,248,34,33,62,42,219,11,249,243,7,246,244,44],"class_list":["post-24137","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-boquete-boca-chica-real-estate","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>More Protectionism - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/more-protectionism\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More Protectionism\" \/>\n<meta property=\"og:description\" content=\"To correct alleged price distortions in the local market, the Panamanian government plans to\u00a0regulate\u00a0imports\u00a0of beef from Nicaragua. 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