ANNOUNCED AS TEMPORARYNo
On 19 July 2010, the Federal Administration of Public Revenue (AFIP) adopted General Resolution 2882 introducing reference prices on the export of Yerba Mate. The affected Mercosur Nomenclature (NCM) codes include NCM 0903.00.10 and 0903.00.90. The prices vary from USD 0.72to 1.26per kg for each type of Yerba Mate and country of destination.
Argentina introduced reference values of precautionary nature for exportgoods in 2005 (in Spanish: valores referenciales de carácterpreventivo). The stated purpose is to safeguard the revenue derived fromthe payment of export duties (see WTO Trade Policy Review).The reference values are based on free on board (FOB) prices in USD. Alist with all current reference prices can be consulted under: www.afip.gob.ar/Aduana/valoracion/Valores%20Referenciales%20vigentes.pdf
The measure was effective on 26 July 2010 and was replaced by General Resolution 3144 on 6 July 2011 (see 'Related Measures').
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