Costa Rica: 2022 Cyberhack Delays 2024 Rice Quota Allocation

  |   Attaché Report (GAIN)   |   CS2024-0007

Link to report:

Costa Rica: 2022 Cyberhack Delays 2024 Rice Quota Allocation
FAS/San José anticipates Costa Rica's Ministry of Foreign Trade to allocate 2024 Dominican Republic - Central America Free Trade Agreement rice quota allocations by the end of April, effectively constraining the availability of U.S. duty-free rice to the final eight months of 2024. Though Costa Rica typically allocates quota volumes in December of the preceding year, calculations of 2024 volumes have been contested by importers following an extraordinary process resulting from a 2022 cyber attack. The allocation delay became a significantly more pressing issue after Costa Rica restored 35 percent tariffs on non-U.S.-origin rice on April 11, instantly increasing price competitiveness of and demand for U.S. duty-free rice.
Exporting, Regulations & Requirements
Western Hemisphere, Costa Rica
Grains, Feeds and Fodders, Rice

Database Source:

Related Reports

View More
Attaché Report (GAIN)

Ukraine: Biotechnology and Other New Production Technologies Annual

The biotechnology regulatory system in Ukraine is still not fully developed, but the country is gradually adjusting its domestic policies to align with European Union regulations.
Attaché Report (GAIN)

Tunisia: Agricultural Biotechnology Annual

Tunisia is continuing to postpone non-urgent matters in front of major political and economic reforms. As a result, Tunisia’s biosafety framework, which was drafted in 2014, remains on hold with no timeframe for a review and parliamentary vote.
Attaché Report (GAIN)

Thailand: Rice Price - Weekly

Export prices of white and parboiled rice rose one percent from the previous week as exporters reportedly continued to secure the rice supplies to fulfill contract shipments.