Taxonomy: Tariff Line Affected - 4411
Fiberboard Of Wood Or Other Ligneous Materials
Japan: Promotion of domestic wood
Description
In the New Growth Strategy of Japan (2010), the Japanese government announced that it would promote the use of Japanese wood instead of foreign wood. The target is to cover more than half of domestic demand for wood with domestic supply.China: Increased VAT rebates for food, textiles, wood products, metals, chemicals and machinery
Description
On 1 December 2008, the government of China raised the Value Added Tax (VAT) rebates for designated exports. Exporters of the benefiting products may recuperate up to 80 percent of the VAT included in intermediate products.Israel: Initiation of antidumping investigation on imports of MDF and plywood coated with melamine from Portugal and Spain
Description
On 18 April 2010 Israel initiated an antidumping investigation concerning medium-density fibreboard and plywood coated with melamine originating from Portugal and Spain.Bangladesh: Trade implications of 2010-2011 budget
Description
On 22 July 2010, the government of Bangladesh announced its budget for 2010-2011.India: Incentives for critical export sectors
Description
On 23 August 2010, India announced a host of export incentive measures to critical sectors as part of the Annual supplement 2010-11 to the Foreign Trade Policy, 2009-14.Vietnam: Fifth devaluation of the Dong
Description
On 17 August 2010, the State Bank of Vietnam has devalued the national currency, the Dong, for the fifth time since 2008.United States of America: Bill to ban imports of goods for which there is no registered domestic agent
Description
A bill that was under consideration in the U.S.Venezuela: Devaluation of the Bolivar
Description
On 8 January 2010, the Venezuelan government announced the devaluation of the Bolivar. Instead of the existing fixed exchange rate at 2.15 Bs/US Dollar, the government now operates a two-tier system.Brazil: new credit line for exports of consumer goods
Description
The Brazilian Development Bank (BNDES) implemented a new credit line amounting to R$ 7 billion for the pre-shipment phase of exports of consumer goods, in a decision announced on 29 April 2010.
