The decree also stipulates that feldspar export duties
should be kept at EGP 400 per tonne.
on nickel and copper were zeroed by the Russian government during the times of recession in order to support producers.
The state-owned KazMunaiGas Exploration Production (KMG EP), a London-listed unit of the integrated KMG with ambitions to become one of the world's largest producers and exporters of oil and gas, says the financial impact of petroleum export duties
will be positive for the state.
for some nonferrous metals including molybdenum, tungsten and indium will be halved to 5%, the statement said.
However, resource nationalism has become a strong trend in Kazakhstan, with taxes and export duties
being raised and E&P terms being toughened steadily.
"The combination of export duties
or tariffs on exports amounts to trade distorting practices," says Thomas Danjczek, president of the SMA, which represents North American mini-mills that produce steel mostly from scrap.
Finance Minister Alexei Kudrin on March 22 said Moscow will raise export duties
for Russian oil companies and clamp down on tax avoidance schemes that cost the country billions of dollars in unpaid taxes.
Recognizing the industry's strategic importance for the overall economy, President Jorge Batlle drew up a number of incentives to attract investment, including income tax exemptions and the removal of 23% export duties
. Also lifted were payroll taxes and social security contributions for foreign workers, which allow local engineers to benefit from the know how of professionals around the globe.
In a published report, NYU professor Thomas Bender stated that the area represented the "heart of a worldwide trading empire where it is fair to say that New York's economy was born." He added that the New York ports were "supplying 70 percent of the national income through import and export duties
by the time of the Civil War."
Gagnon expects export duties
stemming from the Canada-U.S.
Minister of Trade and Industry Tarek Kabil issued a decision to continue imposing the current export duties
on haberdashery, the raw materials of some minerals under Decree No.