ANNOUNCEMENT 14 Aug 2019

The government of Chile has decreased the applicable reductions on the import tariffs of wheat and wheat or meslin flour.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 233/2019. 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=1134881

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 174/2019. 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=1132560

Inception date: 16 Aug 2019 | Removal date: 15 Oct 2019

Import tariff

On 14 August 2019, the Chilean Ministry of Public Finance has passed Exempt Decree 233/2019 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 August 2019. 

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

The applicable discounts have decreased from USD 97.93  to USD 84.57 per tonne of wheat and from USD 152.78 to USD 131.92 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