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LatinNews Daily - 11 August 2020

In brief: Business lobby urges resolution to Panama-Costa Rica trade spat

* Panama’s chamber of commerce, industry & agriculture (CCIAP) has urged Costa Rican and Panamanian authorities to establish equal trade conditions and find a way to certify food producers in both countries “as quickly as possible”. The demands follow an announcement on 6 August by Costa Rica’s government that it had notified the World Trade Organization (WTO) of what it described as Panama’s decision to “block” the entry of animal products from 19 Costa Rican livestock producers on 10 July. For its part, Panama’s trade ministry issued a response on 8 August rejecting its neighbour’s claims of a block, stating instead that Costa Rican producers had failed to comply with food security requirements since these expired on 30 June despite continuous extensions since 2017. These producers have not been inspected for over six years, it added.

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