Assignment 10

Assignment 10 - Adam Ohanesian May 18th, 2011 Assignment...

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Adam Ohanesian May 18 th , 2011 Assignment #10 Research Task #2 Peru has become a high end exporter of certain food and beverage products. The good results however are resulting in scarce labor and fertilizers, and water is becoming an issue in areas along the coast. There are opportunities for companies providing machinery, cost effective fertilizers and irrigation solutions. There is room to develop a hi-tech fruit industry on the western slopes of the Andes and machinery, genetics, and know-how will be in demand. With very few exceptions tariffs are nil in the agribusiness area. Peru is trying to build capabilities and is thus providing an incentive to foreign companies to come to the market. Peruvian GST value is 19 per cent. It is levied on the duty-paid value. However, the amount paid by an importer or to their local vendors, becomes a credit on their future payment for this tax. It is critical that exporters of agribusiness products obtain all the necessary clearances prior to shipping and to ensure that originals of inspection certificates are included with the shipping
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This note was uploaded on 09/02/2011 for the course GSB 603 taught by Professor Benedetto during the Winter '10 term at Nichols.

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Assignment 10 - Adam Ohanesian May 18th, 2011 Assignment...

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