IBOV 174,598.05 ▼ 0.31% IPSA 11,457.15 ▼ 0.12% IPC MEX 65,580.29 ▼ 0.38% MERVAL 2,986,788 ▼ 0.48% COLCAP 2,481.47 ▼ 0.33% BVL PERÚ 60,779.49 ▼ 1.23% USD/BRL5.20▲ 0.80% USD/MXN17.04▲ 0.32% USD/CLP930.18▲ 0.41% USD/COP3,203▲ 2.42% USD/PEN3.35▲ 0.01% USD/ARS1,512— 0.00% USD/UYU40.27▲ 1.50% USD/PYG5,900▲ 0.50% USD/BOB11.78▲ 3.59% USD/DOP58.50▲ 0.78% USD/CRC446.65▲ 0.98% USD/GTQ7.62▲ 2.25% USD/HNL26.84▲ 0.40% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.72▲ 0.77% EUR/BRL6.03▲ 0.51% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 174,598.05 ▼ 0.31% IPSA 11,457.15 ▼ 0.12% IPC MEX 65,580.29 ▼ 0.38% MERVAL 2,986,788 ▼ 0.48% COLCAP 2,481.47 ▼ 0.33% BVL PERÚ 60,779.49 ▼ 1.23% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Friday, August 28, 2026

Peru Business - Brazil

Peru imposes sanctions on ten products originating in Colombia

By · March 28, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – The Peruvian Ministry of Foreign Trade and Tourism (Mincetur) announced that the Peruvian government has decided to reimpose the trade sanction against Colombia approved by the Andean Community Court of Justice (TJCAN) in 2018, in the form of an additional 10% customs duty on ten products imported from that market.

The measure was ordered by Mincetur Supreme Decree (DS) 002-2022, published in the Official Gazette El Peruano. This decision is a response to the fact that Colombia has maintained measures that have prevented the full use of quotas agreed for Peruvian rice exports, despite commitments made by both countries in 2018, according to the Mincetur.

Read also: Check out our coverage on Peru

“We welcome this fair decision for our brothers, the exporters and national producers who were affected by the restrictions on the import of Peruvian rice to this market, because they also have the right to unrestricted foreign trade,” said the head of the sector, Roberto Sanchez.

Mincetur said that since 2020 it has urged its Colombian counterpart to fully comply with the agreements reached to ensure access of Peruvian rice exports to the Colombian market (Photo internet reproduction)
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The TJCAN authorized Peru in August 2018 to impose trade sanctions against Colombia for restricting the importation of Peruvian rice into Colombian territory, according to the Mincetur.

That sanction was suspended that year following an agreement between Colombia and Peru to gradually reopen the Colombian market to Peruvian rice, but Colombia failed to comply.

“This is a commitment that the government of President Pedro Castillo made with our rice farmers during the assemblies of the regions of San Martin, Piura, Cajamarca and Lambayeque. We believe in trade agreements with social justice and reciprocity,” the minister added.

SANCTION

Mincetur’s DS 002-2022 decree imposes an additional 10% tariff on ten agricultural products imported from Colombia, as approved by the Andean Community Court, Mincetur said.

Since 2020, Mincetur has urged its Colombian counterpart to fully comply with the agreements reached to ensure access of Peruvian rice exports to the Colombian market, it said.

The ministry also repeatedly expressed concern about the delay in the allocation of the agreed quotas, it said. The delay affected shipments from the northern and northeastern regions, the main rice-growing areas, it said.

The Mincetur’s DS 002-2022 has been coordinated with the Ministry of Agricultural Development and Irrigation (Midagri) and the Ministry of Economy and Finance (MEF) and is therefore approved by them, the Mincetur said.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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