Taxonomy: Tariff Line Affected - 5601
Text Wadding & Articles, Text Fibers N/Ov 5 Mm, Etc
China: VAT rebate of 15 percent for textile products
Description
On 1 February 2009, the government of China raised the Value Added Tax (VAT) rebates for designated textile and garment exports.India: Import ban on acetate tow and filter rods
Description
On 1 March 2011, the government of India banned the import of acetate tow and filter rods. With the exception of acetate tow used for the production of filter rods, the fibre may no longer be imported to India.Colombia: Amendment of MFN import duties applicable to 508 tariff lines.
Description
On February 23, 2011, the Government of Colombia published a decree that amends the Most Favored Nation (MFN) import duties applicable to products classified under 508 tariff lines of the Colombian Harmonized System (CHS).Republic of Korea: Export financing scheme to encourage imports by Mexican firms
Description
On 1 July 2010 the Export-Import Bank of Korea signed a US$50 million export financing deal with Bancomex. The press release published by the former agency states:Bangladesh: Trade implications of 2010-2011 budget
Description
On 22 July 2010, the government of Bangladesh announced its budget for 2010-2011.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.Ghana: 5% import levy on poultry and textiles
Description
Following the announcement of the official budget for 2010, the customs authority of Ghana imposed a series of import levies.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.Botswana: Subsidies and loans for textile sector
Description
In response to greater import competition from East Asia and the global economic downturn in general, the Government of Botswana decided in January 2010 to introduce an employment-related subsidy and special loans for eligibile textile companies.
