ANNOUNCED AS TEMPORARYYes
On February 13, 2016, the Chilean Ministry of Public Finance passed the Exempt Decree 52 to establish new applicable discounts on customs duties on wheat and wheat or meslin flour for a two-month period starting on February 16, 2016. The new law established different reductions on the ad valorem customs duties. The applicable discount for wheat or meslin flour was USD 97.38 per tonne. Previously, there was no applicable discount.
The objective of this decree is to establish a relative margin for internal prices to fluctuate in comparison to the international market.
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