ANNOUNCEMENT 15 Jun 2020

The government of Chile increased 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 168/2020. 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=1146566

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 102/2020. 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=1144363

Inception date: 16 Jun 2020 | Removal date: 15 Aug 2020

Import tariff

On 15 June 2020, the Chilean Ministry of Public Finance adopted Exempt Decree 168/2020 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 June 2020. 

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

The applicable discounts decreased from USD 118.59 to USD 85.31 per tonne of wheat and from USD 185.00 to USD 133.08 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