IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 24 Mar 2009 | Removal date: 21 Oct 2013
Still in force

Loan guarantee

On 24 March 2009, the European Commission approved the Latvian credit guarantee scheme granting aid in the agricultural and rural development sectors. The scheme is meant for farmers and processors of agricultural products who are unable to obtain a loan from a credit institution due to insufficient collaterals and who are not classified as firms in difficulty.
In those cases, they may apply for a 10-year guarantee (in some exceptions for a longer period) with the Rural Development Fund, allowing them then to obtain the desired loans. In order to obtain the loan guarantee, the benefeciaries will have to pay a one-off premium (between 0.5 and 2%) when the credit is granted.
According to the Commission, "with this guarantee scheme Latvian authorities wish to compensate up to 70% of eligible costs for primary producers including agricultural products processors investments and 70% of the eligible start-up costs incurred by young farmers engaged in primary production" (par. 9, letter from the EC to Latvia, 24.03.2009; own translation). The maximum aid intensity would be 50% with a raised limit of 60% for young farmers (within five years of setting up).
The scheme is budgeted at 355.72 million EUR and would be used by about 101-500 beneficiaries until 31 December 2013.
The list of affected sectors and tariff lines is based solely on Latvia's bilateral exports in 2008, but the list of affected trading partners was computed using both imports and exports.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets, and from foreign subsidiaries.
 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

011 Cereals
1001 Wheat and meslin.
100199 Other
1002 Rye.
100290 Other
1003 Barley.
100390 Other
013 Fruits & nuts
0802 Other nuts, fresh or dried, whether or not shelled or peeled.
080251 In shell
0806 Grapes, fresh or dried.
080610 Fresh
0808 Apples, pears and quinces, fresh.
080810 Apples
080830 Pears
0809 Apricots, cherries, peaches (including nectarines), plums and sloes, fresh.
080930 Peaches, including nectarines
080940 Plums and sloes
0810 Other fruit, fresh.
081010 Strawberries
081050 Kiwifruit
014 Oilseeds & oleaginous fruits
1204 Linseed, whether or not broken.
120400 Linseed, whether or not broken.
1205 Rape or colza seeds, whether or not broken.
120510 Low erucic acid rape or colza seeds
120590 Other
016 Stimulant, spice & aromatic crops
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090111 Not decaffeinated
1210 Hop cones, fresh or dried, whether or not ground, powdered or in the form of pellets; lupulin.
121020 Hop cones, ground, powdered or in the form of pellets; lupulin
019 Forage; natural rubber; living plants; raw vegetable materials
0602 Other live plants (including their roots), cuttings and slips; mushroom spawn.
060290 Other
1211 Plants and parts of plants (including seeds and fruits), of a kind used primarily in perfumery, in pharmacy or for insecticidal, fungicidal or similar purposes, fresh or dried, whether or not cut, crushed or powdered.
121190 Other
021 Live animals
0103 Live swine.
010392 Weighing 50 kg or more
023 Eggs of hens or other birds in shell, fresh
0407 Birds' eggs, in shell, fresh, preserved or cooked.
040721 Of fowls of the species Gallus domesticus
042 Fish live, fresh or chilled for human consumption
0302 Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 03.04.
030211 Trout (Salmo trutta, Oncorhynchus mykiss, Oncorhynchus clarki, Oncorhynchus aguabonita, Oncorhynchus gilae, Oncorhynchus apache and Oncorhynchus chrysogaster)
030213 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus)
030214 Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
211 Meat & meat products
0201 Meat of bovine animals, fresh or chilled.
020130 Boneless
0202 Meat of bovine animals, frozen.
020230 Boneless
0207 Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
020711 Not cut in pieces, fresh or chilled
020712 Not cut in pieces, frozen
020713 Cuts and offal, fresh or chilled
020714 Cuts and offal, frozen
1601 Sausages and similar products, of meat, meat offal or blood; food preparations based on these products.
160100 Sausages and similar products, of meat, meat offal or blood; food preparations based on these products.
1602 Other prepared or preserved meat, meat offal or blood.
160232 Of fowls of the species Gallus domesticus
160249 Other, including mixtures
212 Prepared & preserved fish, crustaceans, molluscs
0302 Fish, fresh or chilled, excluding fish fillets and other fish meat of heading 03.04.
030290 Livers and roes
0303 Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
030351 Herrings (Clupea harengus, Clupea pallasii)
030353 Sardines (Sardina pilchardus, Sardinops spp.), sardinella (Sardinella spp.), brisling or sprats (Sprattus sprattus)
030354 Mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus)
030365 Coalfish (Pollachius virens)
0304 Fish fillets and other fish meat (whether or not minced), fresh, chilled or frozen.
030461 Tilapias (Oreochromis spp.)
030462 Catfish (Pangasius spp., Silurus spp., Clarias spp., Ictalurus spp.)
030499 Other
1604 Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs.
160412 Herrings
160420 Other prepared or preserved fish
2301 Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
230120 Flours, meals and pellets, of fish or of crustaceans, molluscs or other aquatic invertebrates
213 Prepared & preserved vegetables, pulses & potatoes
2002 Tomatoes prepared or preserved otherwise than by vinegar or acetic acid.
200290 Other
2005 Other vegetables prepared or preserved otherwise than by vinegar or acetic acid, not frozen, other than products of heading 20.06.
200520 Potatoes
200540 Peas (Pisum sativum)
200570 Olives
214 Prepared & preserved fruits & nuts
0802 Other nuts, fresh or dried, whether or not shelled or peeled.
080212 Shelled
080222 Shelled
0806 Grapes, fresh or dried.
080620 Dried
0811 Fruit and nuts, uncooked or cooked by steaming or boiling in water, frozen, whether or not containing added sugar or other sweetening matter.
081190 Other
2008 Fruit, nuts and other edible parts of plants, otherwise prepared or preserved, whether or not containing added sugar or other sweetening matter or spirit, not elsewhere specified or included.
200811 Groundnuts
200819 Other, including mixtures
200820 Pineapples
2009 Fruit juices (including grape must) and vegetable juices, unfermented and not containing added spirit, whether or not containing added sugar or other sweetening matter.
200911 Frozen
200912 Not frozen, of a Brix value not exceeding 20
200979 Other
200990 Mixtures of juices
216 Vegetable oils
1507 Soyabean oil and its fractions, whether or not refined, but not chemically modified.
150710 Crude oil, whether or not degummed
150790 Other
1514 Rape, colza or mustard oil and fractions thereof, whether or not refined, but not chemically modified.
151411 Crude oil
151419 Other
151491 Crude oil
151499 Other
1516 Animal or vegetable fats and oils and their fractions, partly or wholly hydrogenated, interesterified, reesterified or elaidinised, whether or not refined, but not further prepared.
151620 Vegetable fats and oils and their fractions
219 Oil-cake; flours & meals of oil seeds; vegetable waxes; etc.
2304 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil.
230400 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soyabean oil.
2306 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable fats or oils, other than those of heading 23.04 or 23.05.
230630 Of sunflower seeds
221 Processed liquid milk, cream & whey
0401 Milk and cream, not concentrated nor containing added sugar or other sweetening matter.
040120 Of a fat content, by weight, exceeding 1 % but not exceeding 6 %
222 Other dairy products
0402 Milk and cream, concentrated or containing added sugar or other sweetening matter.
040210 In powder, granules or other solid forms, of a fat content, by weight, not exceeding 1.5 %
040299 Other
0403 Buttermilk, curdled milk and cream, yogurt, kephir and other fermented or acidified milk and cream, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit, nuts or cocoa.
040310 Yogurt
040390 Other
0405 Butter and other fats and oils derived from milk; dairy spreads.
040510 Butter
0406 Cheese and curd.
040610 Fresh (unripened or uncured) cheese, including whey cheese, and curd
040630 Processed cheese, not grated or powdered
040690 Other cheese
2105 Ice cream and other edible ice, whether or not containing cocoa.
210500 Ice cream and other edible ice, whether or not containing cocoa.
231 Grain mill products
1101 Wheat or meslin flour.
110100 Wheat or meslin flour.
1104 Cereal grains otherwise worked (for example, hulled, rolled, flaked, pearled, sliced or kibbled), except rice of heading 10.06; germ of cereals, whole, rolled, flaked or ground.
110429 Of other cereals
1901 Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing less than 40 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included; food preparations of goods of
190120 Mixes and doughs for the preparation of bakers' wares of heading 19.05
1904 Prepared foods obtained by the swelling or roasting of cereals or cereal products (for example, corn flakes); cereals (other than maize (corn)) in grain form or in the form of flakes or other worked grains (except flour, groats and meal), precooked, or o
190410 Prepared foods obtained by the swelling or roasting of cereals or cereal products
232 Starches & starch products; sugars & sugar syrups n.e.c.
1108 Starches; inulin.
110812 Maize (corn) starch
110813 Potato starch
233 Preparations used in animal feeding; lucerne meal & pellets
2309 Preparations of a kind used in animal feeding.
230910 Dog or cat food, put up for retail sale
230990 Other
234 Bakery products
1905 Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
190531 Sweet biscuits
190532 Waffles and wafers
236 Cocoa, chocolate & sugar confectionery
1704 Sugar confectionery (including white chocolate), not containing cocoa.
170410 Chewing gum, whether or not sugarcoated
170490 Other
1806 Chocolate and other food preparations containing cocoa.
180631 Filled
180632 Not filled
180690 Other
237 Macaroni, noodles, couscous & similar farinaceous products
1902 Pasta, whether or not cooked or stuffed (with meat or other substances) or otherwise prepared, such as spaghetti, macaroni, noodles, lasagne, gnocchi, ravioli, cannelloni; couscous, whether or not prepared.
190219 Other
190230 Other pasta
239 Food products n.e.c.
0901 Coffee, whether or not roasted or decaffeinated; coffee husks and skins; coffee substitutes containing coffee in any proportion.
090121 Not decaffeinated
1901 Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing less than 40 % by weight of cocoa calculated on a totally defatted basis, not elsewhere specified or included; food preparations of goods of
190110 Preparations for infant use, put up for retail sale
190190 Other
1905 Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
190590 Other
2101 Extracts, essences and concentrates, of coffee, tea or maté and preparations with a basis of these products or with a basis of coffee, tea or maté; roasted chicory and other roasted coffee substitutes, and extracts, essences and concentrates thereof.
210111 Extracts, essences and concentrates
210112 Preparations with a basis of extracts, essences or concentrates or with a basis of coffee
2103 Sauces and preparations therefor; mixed condiments and mixed seasonings; mustard flour and meal and prepared mustard.
210320 Tomato ketchup and other tomato sauces
210390 Other
2106 Food preparations not elsewhere specified or included.
210690 Other
241 Ethyl alcohol; spirits, liqueurs & spirits
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220710 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher
2208 Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol.; spirits, liqueurs and other spirituous beverages.
220820 Spirits obtained by distilling grape wine or grape marc
220830 Whiskies
220840 Rum and other spirits obtained by distilling fermented sugarcane products
220860 Vodka
220870 Liqueurs and cordials
220890 Other
242 Wines
2204 Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
220410 Sparkling wine
220421 In containers holding 2 l or less
220429 Other
2205 Vermouth and other wine of fresh grapes flavoured with plants or aromatic substances.
220510 In containers holding 2 l or less
2206 Other fermented beverages (for example, cider, perry, mead); mixtures of fermented beverages and mixtures of fermented beverages and nonalcoholic beverages, not elsewhere specified or included.
220600 Other fermented beverages (for example, cider, perry, mead); mixtures of fermented beverages and mixtures of fermented beverages and nonalcoholic beverages, not elsewhere specified or included.
243 Malt liquors & malt
2203 Beer made from malt.
220300 Beer made from malt.
244 Soft drinks; bottled mineral waters
2201 Waters, including natural or artificial mineral waters and aerated waters, not containing added sugar or other sweetening matter nor flavoured; ice and snow.
220110 Mineral waters and aerated waters
2202 Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other nonalcoholic beverages, not including fruit or vegetable juices of heading 20.09.
220210 Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured
220290 Other
250 Tobacco products
2402 Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes.
240220 Cigarettes containing tobacco

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