India: Interest subvention scheme for rupee export credit extended to 134...
On 14 January 2013, the Reserve Bank of India through Circular BOD.Dir.(Exp)BC.No.70/04.02.001/2012-13 extended the list of products eligible for an interest rate subvention scheme on export credit....
View ArticleIndia: Interest credit under interest subvention scheme for rupee export...
On 26 August 2013, the Reserve Bank of India through Circular DBOD.Dir.BC.No.43 /04.02.001/2013-14 increased the interest credit under the interest subvention scheme for rupee export credits from 2...
View ArticleEC: Updated list of countries eligible for GSP
On 27 September 2014, the European Commission announced regulation 1016/2014 on the list of countries eligible for the Generalised Scheme of Preferences (hereinafter: GSP). As of 1 October 2014, the...
View ArticleChina: Canceled import tariffs for the development of national supported...
On 20 August 2009, the Ministry of Finance issued Notice No. 55 of 2009. To support the industrial innovation and development, several machine parts or production materials will no longer be charged...
View ArticleRussian Federation: Approved rules for state subsidy support thorough...
On 8 June 2015 the Russian Government approved Decree No. 566. It was elaborated in line with point 23 of the state measures for support of access to foreign markets and export support, approved by...
View ArticleEC: Countries dropped from GSP
On 31 December 2013, the European Commission announced in regulation 1421/2013 it would drop China, the Maldives, Ecuador and Thailand from the list of countries eligible for the tariff preferences,...
View ArticleEC: Amended country list for GSP & GSP+
On 27 September 2014, the European Commission announced in regulation 1015/2014 further changes to the list of countries eligible for the GSP and GSP+ programmes. Turkmenistan (due to being classified...
View ArticleBrazil: Reestablishment of REINTEGRA tax refund program for exporters
On 9 July 2014, the President of Brazil issued Provisional Measure (PM) no. 651 reintroducing the REINTEGRA program which had originally been terminated on 31 December 2013. The PM, which was...
View ArticleEcuador: Increased import tariff rates on several hundred products
The Ecuadorian Committee of Foreign Trade (Comex), on 11 March 2015, decided to apply an additional tariff surcharge on a wide range of products. The surcharge varies between 5% and 45% depending on...
View ArticleBrazil: Decrease of import tariff on 158 capital goods
On 29 April 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 30 decreasing the import tariff on 177 tariff codes related to capital goods from 14% to 2%. For 158 codes the...
View ArticleUK: Introduction of the Export Refinancing Facility
On 30 April 2014, the UK government launched its Export Refinancing Facility (ERF) with a volume of GBP 5 billion and the aim to allow UK exporters to provide favourable financing conditions to...
View ArticleUK: Support through Export Working Capital Scheme widened
On 10 July 2015, the UK Export Finance authority announced it would expand its eligibility of its Export Working Capital Scheme to include also direct supply chains of UK-based exporters. With the...
View ArticleBrazil: Reduced import tariff on 174 capital goods
On 21 May 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 44 decreasing the import tariff on 203 tariff codes related to capital goods to 2%. For 174 codes the reduced tariff is...
View ArticleSri Lanka: Duty surcharge on imports withdrawn
On 26 May 2010, the Ministry of Finance and Planning issued a notification rescinding an earlier order that charged a 15% surcharge on imports of all products (except certain specified commodities)....
View ArticleTajikistan: Customs duties and VAT exempted imports of goods for the first...
On 6 June 2013 the Government of the Republic of Tajikistan approved Decree No. 263. It exempted from the payment of customs duties and value added tax a list of imported goods for the construction of...
View ArticleBrazil: Temporary decrease of import tariff on 158 capital goods
On 29 April 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 30 decreasing the import tariff on 177 tariff codes related to capital goods from 14 per cent to 2 per cent. Out of...
View ArticleBrazil: Temporary decrease of import tariff on 161 capital goods
On 19 June 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 54 decreasing the import tariff on 161 tariff codes related to capital goods to 2 per cent. The measure took effect on...
View ArticleBrazil: Temporary decrease of import tariff on 260 capital goods
On 22 July 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 64 decreasing the import tariff on 260 tariff codes related to capital goods from 16% and 14% to 2%. The measure took...
View ArticleIndia: Loan to Myanmar to finance irrigation projects with the condition to...
On 11 December 2013, the Government of India agreed to provide a Line of Credit of USD 198.96 million to the Myanmar Foreign Trade Bank for financing development of 18 irrigation projects in Myanmar....
View ArticleBrazil: Temporary import duty reduction on 174 capital goods
On 7 October 2014, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 91 decreasing the import tariff on 243 tariff codes related to capital goods from 14% to 2%. Out of the 243 items,...
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