IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 12 Jun 2009 | Removal date: open ended
Still in force

Export tax

On 22 May 2009 the President of Mongolia proposed abolishing the prevailing export tax on cashmere (HS code 611011), one of Mongolia's most valuable exports. The President sent draft legislation to the Mongolian Parliament that, in turn, approved a version of the measure in the week of 12 June 2009. The outcome was to abolish the export tax on cashmere entirely, to eliminate certain quality restrictions on the export of cashmere, and to increase from 3 to 20 the number of ports and airports allowed to export cashmere.
According to the data of 2008, the year prior to the liberalization, Mongolia exported less than the GTA threshold of 1'000'000 USD to bilateral trading partners. Hence, no bilateral trading partners are enumerated.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.