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Sugar exporters eye Russia, Taiwan.


SUGAR EXPORTERS EYE RUSSIA, TAIWAN. Sugar exporter Guatemala hopes to make significant inroads inroads
Noun, pl

make inroads into to start affecting or reducing: my gambling has made great inroads into my savings

inroads npl to make inroads into [+
 into Russia and Taiwan by negotiating tariff-free sugar imports this year, industry officials said, reports Reuters Reuters

British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858.
 (Aug. 15, 2005). The Guatemalan Sugar Association, Asazgua, forecast exports to Taiwan to jump by up to 49% next year after Taipei agreed to scrap import tariffs An import tariff or import duty is a schedule of duties imposed by a country on imported goods. It is paid at a border or port of entry to the relevant government to allow a good to pass into that government's territory.  on a 70,000 ton quota quota

In international trade, a government-imposed limit on the quantity of goods and services that may be exported or imported over a specified period of time. Quotas are more effective than tariffs in restricting trade, since they limit the availability of goods rather
 of Guatemalan sugar under a free trade deal signed in July. Guatemala, classified 6th biggest sugar exporter in 2004 by the International Sugar Organization, hopes to sign a similar deal with Russia in October, Asazgua President Armando Boesche said in an interview while on a visit to Taipei.
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Title Annotation:GUATEMALA
Publication:Caribbean Update
Date:Oct 1, 2005
Words:110
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