Closing the Guam Product Seal law loopholes - KUAM.com-KUAM News: On Air. Online. On Demand.

Closing the Guam Product Seal law loopholes

Posted: Updated:

by Sabrina Salas Matanane

Guam - Senator Judi Guthertz made it clear during today's roundtable meeting that she plans on strengthening the Guam Product Seal Law. The Democrat policymaker says she has found obvious deficiencies and loopholes in the law allowing businesses to import products into Guam and pass them off as it they were made here.

"These loopholes allow large firms to squeeze out island businesses through copycat products mislead visitors and the general public into believing that the products that are offered to them, are actually made on Guam or in Guam," she explained.

The head of Island Wholesale, which makes island chief products in Guam said the enforcement of the Guam Product Seal Law virtually stopped when the Department of Commerce was dissolved several years. The program is now overseen by the Department of Revenue & Taxation. Out of the 61 local companies that held the Guam Product Seal only 11 remain today.

  • NEWS HEADLINESMore>>

  • Administration stands by Hattig appointment

    Administration stands by Hattig appointment

    Land scam issues and more -- that will be the challenge for the man selected to oversee the Chamorro Land Trust Commission. Jack Hattig is no stranger to the public eye. After a failed run for senator, Hattig has now been tapped to be the director of theMore >>
    Land scam issues and more -- that will be the challenge for the man selected to oversee the Chamorro Land Trust Commission. Jack Hattig is no stranger to the public eye. After a failed run for senator, Hattig has now been tapped to be the director of the More >>
  • Casil wants to rebuild and recentralize Hagåtña

    Casil wants to rebuild and recentralize Hagatna

    It was back in 2015 when the Hagatna Restoration and Re-development Authority first held a pair of open house workshops to get public input for the island capital. Fast forward to 2019, the Leon Guerrero/Tenorio administration hopes to breathe life into tMore >>
    It was back in 2015 when the Hagatna Restoration and Re-development Authority first held a pair of open house workshops to get public input for the island capital. Fast forward to 2019, the Leon Guerrero/Tenorio administration hopes to breathe life into tMore >>
  • Ybanez on par to lead Parks and Rec

    Ybanez on par to lead Parks and Rec

    With over two decades of managerial experience in the private sector, Richard Ybanez steps into the role of director of the Department of Parks and Recreation. All he needed was a couple of questions answered before accepting the leadership position at thMore >>
    With over two decades of managerial experience in the private sector, Richard Ybanez steps into the role of director of the Department of Parks and Recreation. All he needed was a couple of questions answered before accepting the leadership position at thMore >>
Powered by Frankly