Trade and markets
 

Detail

Area
Costa Rica
Commodity Group
Rice
Commodity
All
Date
10/04/2015
Policy Category
Trade
Policy Instrument
Safeguard measures
Description
Allocated annual import quotas to Uruguay and Argentina in a bid to compensate the two South American origins for the imposition of safeguard measures against imports of selected classes of milled rice. According to the decision, 6 960 tonnes of milled rice from Uruguay will be permitted to enter Costa Rica annually during the four-year duration of the safeguard application, subject to an import tariff of 35 percent, with an additional 3 062 tonnes of paddy and 1 100 tonnes of parboiled rice exempted from duties. Similarly, 3 786 tonnes of milled rice from Argentina will be levied an import duty of 35 percent, while 2 235 tonnes of Argentinian parboiled rice will be allowed into Costa Rica per year free of duties.