ASODEFE to import

[NewsWhore]

The Hardware Association (ASODEFE) plans to officially submit a written application to the Ministry of Industry and Commerce requesting the green light for the importation of 300,000 bags of gray cement (equivalent to 5% of the country's total cement production) as a way of combating the increase in cement prices. Industry and Commerce Minister Melanio Paredes said he would meet with ADODEFE representatives to answer questions about the importation process. ASODEFE head Luis Mejia said that the written request is not asking for taxes to be lowered or removed but urging for an elimination of red tape at Customs, where the process is currently experiencing bottlenecks. Mejia added that if cement is imported, the price of the local cement should drop by 20% or 30%.

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