Bolivia: They raise tariffs on potatoes, onions, chicken and milk

Published 2021년 6월 18일

Tridge summary

The Bolivian government has temporarily increased import duties on several agricultural products and foodstuffs, including potatoes, tomatoes, onions, apples, strawberries, chicken meat, milk powder, and cocoa, using Supreme Decree 4522. The new tariffs range from 20% to 30%, up from previous rates between 5% and 15%. The tariffs will be in effect until the end of December for some products, while for others, they will expire earlier. The Eastern Chamber of Agriculture (CAO) has backed the move but has called for stronger measures against food smuggling to prevent illegal trade. The government is also looking at expanding the powers of interdiction against smuggling.

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

Original content

Page Seven / La Paz Through Supreme Decree 4522 of June 16, the Government decided to raise import duties (GA Tariff Tax) to 20% and 30% on potatoes, tomatoes, onions, apples, strawberries, chicken meat, milk powder and cocoa . Before this new tax structure came into effect, import taxes on these products ranged between 5%, 10% and 15%, although refrigerated potatoes had a tariff of up to 20%. According to Supreme Decree 4522, the new tariffs are temporary until December 31, in the case of chicken meat, milk and other products. In the case of potatoes, tomatoes and others, the validity is until August 31. The president of the Eastern Chamber of Agriculture (CAO), Óscar Mario Justiniano, said that this measure should be supported by other complementary measures that allow smuggling to be sanctioned more harshly. What can happen is that when imposing higher taxes on a legal import, it is possible that the little legal will migrate to the illegal, he observed. According to ...

Source: Paginasiete