ANNOUNCEMENT 15 Jun 2011

The Chilean Government has passed a law reducing the applicable tariffs on imports of wheat and wheat or meslin flour.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 554/2011. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). http://www.leychile.cl/Navegar?idNorma=1026411

Inception date: 16 Jun 2011 | Removal date: 15 Aug 2011
Still in force

Import tariff

On June 15, 2011, the Chilean Ministry of Public Finance passed the Exempt Decree 554 to establish applicable discounts on customs duties on wheat and wheat or meslin flour for a two-month period starting on June 16, 2011. The new law established different reductions on customs duties. The applicable discounts were USD 181.10 per tonne of wheat and USD 282.52 per tonne of wheat or meslin flour. Previously, there were no applicable discounts.

The objective of this decree is to establish a relative margin for internal prices to fluctuate in comparison to the international market.

AFFECTED SECTORS

 

AFFECTED PRODUCTS