ANNOUNCEMENT 29 Jun 2016

The Chilean Government has modified the applicable reductions on the import tariffs of raw sugar and refined sugar.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Ministry of Treasury. Ministerio de Hacienda. Decreto Exento 227/2016. https://www.leychile.cl/Navegar?idNorma=1091940

Inception date: 01 Jul 2016 | Removal date: 31 Jul 2016
Still in force

Import tariff

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. 

AFFECTED SECTORS

 

AFFECTED PRODUCTS