ANNOUNCED AS TEMPORARYNo
On January 16, 2018, the Cabinet Council of Panama adopted Decree No. 1 increasing the applicable import duties on flowers, decaffeinated coffee, coal, certain sweets, toilet paper, certain cotton clothes, cement, towers and lattice masts, electrical transformers and boards, panels, consoles, desks, cabinets and other bases for electric control. New import tariffs range between 0% and 60% while previously applicable duties ranged from 3% to 54%.
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