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Policy frameworks

Guidelines, strategies, regulations, resolutions and agreements, at the international, regional, national and subnational levels that configure the actions of the State.

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St. Kitts and Nevis: Measures to combat the increase in the cost of living./n

Due to increasing inflationary pressures, five short-term fiscal policy measures were adopted for immediate implementation to alleviate the rising cost of living. 1. Reduction of the Selective Consump...

Law No. 6-22, which provisionally applies a zero tariff rate in the Customs Tariff to certain goods affecting the cost o...

Transitional law (6 months) applying a zero customs tariff rate to basic food items in the Dominican family basket in response to price increases driven by the COVID-19 pandemic and the Russia-Ukraine...

Completed

Supreme Decree No. 4702 – Temporary Tariff Reduction for Agrochemical Imports

Bolivian Supreme Decree temporarily setting the import tariff at zero percent for insecticides, fungicides, herbicides, germination inhibitors, plant growth regulators and similar products. The measur...

Completed

Partial Modification to the Customs Tariff for the import of agricultural inputs (Decree No. 504)/n

The Colombian government has decided to grant a 12-month tax exemption on the importation of 39 inputs for domestic agricultural production. In addition, the tax exemption for 36 other agricultural in...

Completed

Brazil reduced import rates to zero for ethanol, staple foods, machinery and IT supplies/n

The zero-rated products are ethanol, sugar, ground coffee, margarine, cheese, pasta and soybean oil. The objective was to ease inflationary pressures arising from the pandemic context, further aggrava...

Nicaragua expands duty-free chicken meat import quotas/n

Within the framework of the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR), the Government of Nicaragua will open an additional 1,533 metric tons of duty-free imported chicken meat...

Agriculture and Fisheries Incentives (Amendment) Act, no. 8, 2022. of Saint Lucia

This law amends the Agriculture and Fisheries Incentives Law No. 13 of 2014. These amendments include updating key definitions to expand the scope of what is considered agricultural and fishery produc...

Special Transitory Law to Combat Inflation of Prices of Basic Products in El Salvador (Extended March 2024)

Through the regulations, the Tariff Import Duty (DAI) is eliminated on products such as milk, potatoes, tomatoes, onions, green chilies, beans, meat, bananas, rice, flour, oils, vegetables, animal fee...

Temporary suspension of the Economic Development Stabilization Fund (FEFE), Transportation Contribution and elimination ...

Officials of Nayib Bukele's cabinet presented initiatives before the Legislative Assembly on measures to mitigate the economic effects of Russia's invasion of Ukraine.

Decree 309 of March 13, 2022 of the Special Transitory Law to Combat Commodity Inflation

The purpose of this law is to ensure the supply of basic necessities of the basic food basket, in order to be able to acquire them at adequate prices, so that there is no harm to consumers, as well as...

Subsidies for fuel, raw materials and food to address economic crisis ”exacerbated” by Russian invasion to Ukraine/n

The government will maintain a fuel subsidy extended to the entire population since the pandemic, unchanged as long as the WTI barrel indicator is above $85 and below $115. It will also apply a subsid...

Inflation mitigation measures to boost competition against American agricultural products/n

The policy measures are aimed at reducing retail prices in the DR, two of the measures will have the secondary effect of alleviating competition for non-US agricultural products by reducing tariff rat...