ANNOUNCEMENT 15 Feb 2019

The government of Chile has increased the applicable reductions on the import tariffs 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 38/2019. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). Available at: https://www.leychile.cl/Navegar?idNorma=1128933

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 414/2018. Aplica rebajas de derechos de aduana para la importación de trigo y harina de trigo o de morcajo (tranquillón). Available at: https://www.leychile.cl/Navegar?idNorma=1126865

Inception date: 16 Feb 2019 | Removal date: 15 Apr 2019
Still in force

Import tariff

On 15 February 2019, the Chilean Ministry of Public Finance has passed Exempt Decree 38/2019 establishing new applicable discounts on customs duties on wheat and wheat or meslin flour. These discounts will apply for a two-month period starting on 16 February 2019. 

The new law established different reductions on the ad valorem customs duties.

The new applicable discounts have increased from USD 91.69 to USD 117.45 per tonne of wheat and from USD 143.04 to USD 183.22 per tonne of wheat or meslin flour. 

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