Taxonomy: Tariff Line Affected - 8404
Auxiliary Plant Used With Boilers, Condensers, Pts
China: Increased VAT rebates for 553 products
Description
On 1 January 2009, 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.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.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: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.Argentina: Subsidized export credits for capital goods and related services
Description
On May 14, 2010 the Bank of Investment and Foreign Commerce (BICE), second largest public bank in the country, launched a subsidized export credits program of USD 5 millions (20 millions of Argentinean pesos), aimed at boosting domestic prodUnited 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.India: Incentives to exporters through Market Linked Focus Programme
Description
On 12 January 2010, India announced an incentive scheme for exporters in sectors such as engineering, handicrafts , textiles, chemicals, electronics and some metals thorugh the market Linked Focus Programme (MLFP).Tunisia: Reduction of import duties on certain raw materials, equipment and other products
Description
On 21 December 2009, Tunisia issued the finance law 2010 (Loi no 2009-71) that introduces reductions of import duties on certain raw materials, equipment and other products. The law entered into force as from 1 January 2010.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.
