ANNOUNCEMENT 14 Aug 2020

The government of Chile increased the applicable reductions on the import tariffs of wheat and wheat or meslin flour for the period August-October 2020.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 248/2020. 14/08/2020. Aplica Rebajas de Derechos de Aduana para la Importación de Trigo y Harina de trigo o de Morcajo (Tranquillón). Available at: https://www.bcn.cl/leychile/navegar?idNorma=1148267

Public Finance Ministry. Ministerio de Hacienda. Decreto Exento 168/2020. 15/06/2020. 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

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

Import tariff

On 14 August 2020, the Chilean Ministry of Public Finance adopted Exempt Decree 248/2020 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 August 2020. 

For the case of wheat imports, the applicable discounts increased from USD 85.31 to USD 104.27 per tonne. As for the case of wheat or meslin flour imports, the applicable discounts also increased from USD 133.08 to USD 162.66 per tonne. The comparisons are based on the discounts set in June 2020 (see related state act).

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