Taiwan grants zero export tariff for 11 Paraguayan products

Published 2020년 10월 16일

Tridge summary

The Ministry of Industry and Commerce of Paraguay announced an agreement with Taiwan, which could result in eleven Paraguayan products being exported to Taiwan duty-free. This decision was finalized in a virtual meeting, where tariffs on products like pork, hamburgers, and peanut-based products were eliminated, reducing from up to 30% to 0%. Paraguay is also urging Taiwan to expedite the process of Mutual Recognition of Organic Equivalence to facilitate organic product trade. Additionally, the agreement aims to enhance trade by addressing issues related to the export of rice and by establishing a collaborative approach between Paraguay and Taiwan to boost trade.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Redacción PortalPortuario.cl, @PortalPortuario, The Ministry of Industry and Commerce (MIC) of Paraguay reported that after the third meeting of the Joint Committee of the Economic Cooperation Agreement between Taiwan and Paraguay, that some eleven Paraguayan products may be exported to the Asian country completely duty-free., During a meeting, held by videoconference and chaired by the head of the MIC, Liz Cramer and the Deputy Minister of Economic Affairs (MOEA), Chern-Chyi Chen, of the ROC, it was agreed that The latter grants Paraguay zero tariff., Among the issues addressed in the virtual meeting, the access to markets of eleven tariff lines stands out, for Paraguayan products that will enter Taiwan free of tariffs., Among them are the following products: pork , giblets, hamburgers, peanut-based products, crackers and rice paper, sweeteners, wadding, and synthetic fiber blankets., It should be noted that Tai wán granted preferential access to products whose current tariffs ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.