Country Sends First-Ever Sugar Export to Mexico

November 5, 2004

COSTA Rica is set to export 23,450metric tons of sugar to Mexico, the firsttime it has ever exported sugar to thatnation, according to the Agricultural-Industrial Alliance of SugarcaneProducers (LAICA).The export was brought about by asection of Costa Rica’s free-trade agreementwith Mexico, signed in 1995, whichstipulates that when Mexico importssugar it must assign a tariff-free quota toCosta Rica.Mexico usually places a $396 tax onevery metric ton of sugar imported, so thetax-free quota specified by the free-tradeagreement is a major achievement forCosta Rica, according to LAICA.On Monday, LAICA director EdgarHerrera would not reveal the plannedshipment date nor the amount Costa Ricaobtained for the shipment, but he said thesugar would be shipped sometime thisweek and the price was reasonable.Authorities hope to maintain theexport quota during the next three years.

You may be interested

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie
Keylor Navas
187 views
Keylor Navas
187 views

With Keylor Navas battling injuries, Real Madrid eyes January swoop for Bilbao goalie

AFP - December 11, 2017

Real Madrid's first foray into the January transfer market will be to snap up Athletic Bilbao's promising goalkeeper Kepa Arrizabalaga,…

Our High Season Print Edition is here! Here’s where to find it
The Tico Times
455 views
The Tico Times
455 views

Our High Season Print Edition is here! Here’s where to find it

Katherine Stanley - December 11, 2017

In the weeks since the relaunch of The Tico Times on Sept. 1, we’ve been hard at work to reconnect…

Bright Lights Boat Parade inaugurates holiday season in Quepos
Events
528 views
Events
528 views

Bright Lights Boat Parade inaugurates holiday season in Quepos

Elizabeth Lang - December 11, 2017

The Bright Lights Boat Parade marked the official kickoff of the holiday season in the Central Pacific town of Quepos…