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What is the legislation that specifically regulates public procurement in Panama?
Law 22 of 2006, which establishes the rules on public procurement, is the main legislation that regulates public procurement in Panama.
What responsibilities do clients have in the KYC process in the Dominican Republic?
Customers in the Dominican Republic have the responsibility to provide accurate and truthful information, as well as cooperate with financial institutions in the KYC process. They must also report any relevant changes to their profile or financial activity. Failure to comply with these responsibilities may result in sanctions or restrictions on your financial transactions.
What is the relationship between Mexico and African countries?
Mexico maintains diplomatic and economic relations with African countries, based on mutual respect and collaboration in areas such as trade, technical cooperation and culture. Both parties share interests in issues such as sustainable development, peace and security, which promotes bilateral and regional cooperation.
What is the impact of exchange rate policy on the competitiveness of Costa Rica's exports?
Exchange rate policy can have an impact on the competitiveness of Costa Rica's exports. A competitive exchange rate can favor exports, as it makes Costa Rican products more attractive in international markets. However, it is important to find a balance, since excessive currency appreciation can hinder export competitiveness. The Central Bank of Costa Rica plays a key role in managing exchange rate policy to promote the competitiveness of the export sector.
What are the requirements to obtain a Student Visa for Panamanian citizens who wish to pursue university studies in Spain?
Requirements include admission to a Spanish university and demonstration of sufficient financial means.
What are customs taxes in Peru and how do they affect imports?
Customs duties in Peru are taxes and tariffs that are applied to imports of goods. These taxes include the General Sales Tax (IGV), the Selective Consumption Tax (ISC) and customs duties. Importers must calculate and pay these taxes at the time of importation. The VAT is calculated on the customs value and other import-related charges, while the ISC is applied to specific products. Customs taxes can affect import costs and must be taken into account in commercial planning.
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