Guatemala: Guatemala Announces WTO Quotas to Cover for Basic Grains
Guatemala announced that it will open World Trade Organization (WTO) tariff quotas in 2018 for 5,000 metric tons (MT) of black beans, 150,000 MT of yellow corn, 50,000 MT of white corn, and 26,000 MT of rough rice. The proposed quotas were approved by the Central American Council of Economic Ministers (COMIECO) on November 27, 2017. Guatemala cited losses for late harvest basic grain production in 2017 as the reason behind the TRQs. Although Guatemala generally makes these quotas available, they are not necessarily announced.