The import tariff
rationalisation will eventually make Pakistan a nascent state having no manufacturing and employment generation activity rather importing each and every item from other countries thus depleting foreign exchange reserves, a spokesman of Pakistan Automotive Manufacturers' Association (PAMA) said on Tuesday while reacting on the recommendation.
Private sector strongly feels that reduction in import tariff
on smuggle prone items is the only solution to discourage the smuggling under the garb of ATTA and they are also of the view that increased legal imports would compensate the fall in reduction in the rate of import tariff
Less economically advanced countries -- Cambodia, Laos, Myanmar and Vietnam -- are given more time to eliminate their import tariffs
Fast food providers and other restaurants are strongly opposed to the government's plan to raise the import tariff
During talks with Japan in Geneva in April, Russia said it wants to join the WTO with a plan to raise its import tariff
rate on new vehicles to 35% in 2005 from the current 25%, according to the sources.
She considered a specific import tariff
on oil, a gasoline tax and a drawdown of stocks from the strategic petroleum reserve.
From a strategic perspective, corresponding tariff policies are required to encourage imports and in 2011, China will implement a low annual provisional import tariff
rate on more than 600 products related to resources, basic raw materials and key components.
South Korea, the world's No 5 crude oil importer, may lower its 3-per cent crude oil import tariff
to curb inflation, Finance Minister Yoon Jeung-hyun said.
com/buy-rice_long_grain/ ) and cotton import tariff
quotas will not change, but will remain the same as 2008.
Until now the two countries have no bilateral free trade agreement , therefore, the import tariff
agreement is to be implemented through ASEAN-China Free Trade Agreement (FTA).
The China Rubber Industrial Association has asked the government to cut the import tariff
on natural rubber to help the struggling industry, according to a petition filed to the State Council.
The ITC had voted on remedies to offset the market disruptions and recommended an additional import tariff
of 30% to the President.