Costa Rica: Government lowers rice import price

Published 2022년 7월 6일

Tridge summary

Costa Rica's President, Rodrigo Chaves, has announced plans to reduce the country's rice imports from 36% to between 3% and 5%, depending on the type of grain. This move is aimed at breaking the oligopoly and stopping the advantage gained by large importers at the expense of the poor. Additionally, the president has declared a subsidy for 90% of the country's rice producers, allowing them to shift to smaller-scale farming. The National Production Council will also accept rice from small producers, in case the large industrialists refuse. The president's statement highlights the substantial amount of money, over 1,000 million colones, that he believes the people of Costa Rica should not have had to pay.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The import of rice will go from 36% to 5% or 3% depending on the type of grain and with this, the oligopoly is over, the President of the Republic assured on Wednesday. According to Rodrigo Chaves, the issue of Costa Rica benefiting large importers and losing the poorest is over; For the President, this structure was created to send millions of dollars on this grain. The governor also announced that a subsidy will be given to 90% of the rice producers in the country so that they can make the transition to planting on a small scale. As he also commented, the National Production Council has the capacity to receive rice from small producers if the large industrialists do ...

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