Guatemala in talks with Peru over trade squabble

Guatemala has requested consultations with Peru to better establish whether to challenge, at World Trade Organization-level, an additional duty being imposed by Peru on imports of certain agricultural goods.

In a filing to the World Trade Organization on April 16, 2013, Guatemala said it seeks to obtain information from Peru on the "additional duty" it is imposing on imports of rice, sugar, maize, milk and certain dairy products.

According to Guatemalan authorities, the levy consists of a specific fee "additional" to the ordinary customs duty on imports of the affected products; and is payable upon importation of the affected products, together with the ordinary customs duty.

Source: Tax News