On 29 April 2011, the Federal Administration for Public Revenue of Argentina (i.e. AFIP by its Spanish acronym) has adopted General Resolution 3086/2011 establishing reference prices on imports of milk powder classified under tariffs subheading NCM 0402.21.10.

The new reference prices have been set at a FOB value ranging between USD 4.30 and USD 5.16 per kilogramme depending on the characteristics of the product. Previously to this resolution, no reference prices applied to these products.

The new legislation affected the following jurisdictions: Bolivia, Brazil, Chile, Colombia, Paraguay, Peru, Uruguay, Venezuela, Angola, Argelia, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Cameroon, Chad, Comoros, Congo, Ivory Coast, Djibouti, Egypt, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Equatorial Guinea, Kanya, Lesotho, Liberia, Lybia, Madagascar, Malawi, Morrocco, Mauritius, Mauritania, Mozambique, Namibia, Niger, Nigeria, Central African Republic, DR Congo, Rwanda, Senega, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe, Saudi Arabia, Canada, China, United Arab Emirates, Hong Kong, Malaysia, Singapore, Iraq, Jordan, Barbados, Costa Rica, Cuba, Ecuador, El Salvador, Jamaica, Mexico and Dominican Republic.

This measure applied to imports taking place as of 2 May 2011.