Home / Knowledge / News / Textiles / Panama files WTO complaint against Colombia on textile tax
Panama files WTO complaint against Colombia on textile tax
Jun '13
Panama has notified the World Trade Organization (WTO) of a request for consultations with Colombia regarding customs measures relating to the importation of textiles, apparel and footwear, the WTO said in a statement.
Panama has alleged that Colombia’s effective import tariff on textiles and clothing is higher than the maximum allowed as per its WTO membership agreement.
Beginning March 1 this year, Colombia has imposed an additional five dollars per kilo duty on apparel imported from other countries, including Panama, irrespective of the price of the imported product, while reducing the tariff on textiles and apparels from 15 to 10 percent.
The new duty is affecting apparel exporters from Panama’s Colon Free Zone, who are also opposing the proposed Colombia-Panama free trade agreement (FTA), negotiations for which ended recently.
Colombia would have to respond to the request for consultations within ten days and the discussions have to begin within 30 days after being notified, as per WTO procedures.
Unless both parties agree for extension, the consultations have to be completed within 60 days. If the issue does not get resolved during consultations, the parties may request the WTO for establishment of an expert panel under the Dispute Settlement Body of the WTO to resolve the dispute.
Panama has one of the highest economic growth rates in the Latin American region and the country’s economy registered a growth rate of 10 percent last year.
Panama exported US$ 72 million worth of goods, largely consisting of apparel and footwear, to Colombia in 2012.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Pantone

Textiles | On 25th Jun 2018

Pantone unveils polyester standards

Pantone, provider of professional colour standards for the design...

Interviews View All

Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Top executives
Textile industry

Knowledge sharing platform needed for sustainable water management

Hannah Lane

Encouragement from brands will motivate supply chains to become more...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Advanced Search