IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 11 Sep 2009 | Removal date: open ended
Still in force

Export subsidy

 
On 11 September 2009, Colombia's Ministry of Agriculture adopted Resolution No. 254 introducing new financial support mechanisms entitled the sanitary incentive for flowers and foliage ISFF, the sanitary incentive for bananas ISB, the sanitary incentive for plantains ISP, and the sanitary incentive for prawns ISC, all of which targeted exclusively at Colombian exporters of flowers, foliage, bananas, plantains and prawns, leading to a de facto export subsidy. For example, the ISFF is endowed with USD 50 million per year. According to the U.S. Department of State, the ISFF subsidy amounts to USD 3 cents per dollar of exports.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

019 Forage; natural rubber; living plants; raw vegetable materials
0603 Cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared.
060311 Roses
060312 Carnations
060313 Orchids
060314 Chrysanthemums
060315 Lilies (Lilium spp.)
060319 Other
060390 Other
032 Non-wood forest products
0604 Foliage, branches and other parts of plants, without flowers or flower buds, and grasses, mosses and lichens, being goods of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared.
060420 Fresh
212 Prepared & preserved fish, crustaceans, molluscs
0306 Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked crustaceans, whether in shell or not, whether or not cooked before or during the smoking process; crustaceans, in shell, cooked by steaming or by boiling
030611 Rock lobster and other sea crawfish (Palinurus spp., Panulirus spp., Jasus spp.)
030617 Other shrimps and prawns
214 Prepared & preserved fruits & nuts
0803 Bananas, including plantains, fresh or dried.
080310 Plantains
080390 Other

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