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: 01 Jan 2014 | Removal date: 31 Dec 2016
Still in force

Trade payment measure

The Finance Law 2014, besides the commercial documentary credit also allows for cash against documents to be used as a method of payment for imports - as in 2009 only commercial documentary became an allowed method for payment of imports. The restrictions were completely abolished through the Finance Act of 2017.

 
 

AFFECTED COUNTRIES

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