ANNOUNCED AS TEMPORARYYes
On June 29, 2016, the Chilean Ministry of Public Finance passed the Exempt Decree 227/2016 approving temporary discounts on the applicable import tariffs of several different sugar products. In the case of raw sugar, the applicable discount was USD 147.16 per tonne. For grade 1 and 2 refined sugar, the pertinent reduction was USD 252.85 per tonne, whereas, for grade 3 and 4 sugar and other subcategories, the established discount was USD 189.43 per tonne. Previously applicable discounts were USD 97.54, USD 216.73 and USD 145.22 per tonne respectively.
This measure had a one-month duration.
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