Regulation of tariff quotas in the import of some agricultural products of Venezuela

Published 2020년 8월 21일

Tridge summary

The Venezuelan Ministry of Commerce has announced the distribution and application process for tariff quotas on certain agricultural imports from Venezuela, including cheeses, rice, oats, and seeds. Turkish companies can apply for these quotas online, and the allocation will prioritize the Meat and Dairy Authority, General Directorate of Soil Products, Oil Seeds Agricultural Sales Cooperatives Union, Turkey Sugar Factories Inc. Headquarters, and Agricultural Credit Cooperatives. Additionally, the article highlights an additional decision that provides tariff reductions and exemptions for Venezuelan agricultural products, in accordance with the trade development agreement between Turkey and Venezuela.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The allocation method and application procedures and principles of tariff quotas to be applied in the importation of some Venezuelan agricultural products have been arranged. The Communiqué of the Ministry of Commerce on the Implementation of Tariff Quota for Some Agricultural Products Originating in the Republic of Venezuela was published in the Official Gazette. With the communique, the distribution method, application and usage procedures and principles of the tariff quotas opened for some agricultural products such as Venezuelan cheeses, rice, oats, sunflower seeds, sesame seeds and safflower seeds were determined. Accordingly, companies that request tariff quota allocation will have to apply to the Ministry within 1 month before the start of the tariff quota period for those to be made with the demand collection method (TTY). Applications regarding the requests for tariff quotas distributed according to TTY will be made with electronic signature in the "Import Transactions" ...

Source: Haberler Agri News