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Colombia to review tariff on Panama apparel imports

Tuesday, August 13, 2013

Colombia agreed to review a tariff on apparel imports from Panama after a visit from the Central American nation's president, Ricardo Martinelli.

Colombian President Juan Manuel Santos said he will review a special duty of $5 per kilo charged on apparel from Panama's Colón Free Trade Zone.

Santos also stated Panama meets with the standards required by the Organization for Economic Cooperation and Development.

Source: Fibre2fashion