Costa Rican rice farmers hope for higher import tariffs as dispute over "Rice Road" remains unresolved

Published 2024년 6월 5일

Tridge summary

The article highlights the impact of Costa Rica's 'Rice Road' policy, which reduced import tariffs on rice from 35% to 4% since August 2022, as reported by local news outlets and the National Rice Company (Conarroz). The policy has led to a significant decrease in rice production, with a 63% drop as of May, and a reduction in the cultivated area. The judiciary temporarily suspended the policy in April, reinstating the 35% tariff due to its negative impact on producers and failure to benefit consumers. The article also points out that importers have not passed on the cost savings to consumers. Farmers believe this is their last chance to resume production if the 35% tariff is restored, as the policy not only affects their employment but also threatens national food security.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The "Rice Road" has an impact on producers According to reports from Costa Rica's Extra and the website "crhoy.com", the Presidential Palace and the Ministry of Agriculture and Livestock have implemented the "Rice Road" plan since August 2022, reducing the import tariff on rice from 35% to 4%. After the implementation of the policy, many rice producers were forced to stop production due to legal uncertainties caused by the deregulation of product prices. Fernando Araya, executive director of the National Rice Company (Conarroz), Araya said that rice producers have been affected by the lack of government support. As of May this year, rice production has fallen by 63%, and the cultivated area has dropped from 35,300 hectares to 14,300 hectares in 22 months. In April this year, in response to a request for precautionary measures from rice producers, the judiciary ruled to suspend the "Rice Road" executive order and increase the rice import tariff from the original 4% to 35%. The ...
Source: Foodmate

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