Import Certificate

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Import Certificate

A proposed system to lower the U.S. trade deficit. Under the system, exporters would be issued import certificates allowing them to import up to the total value they export. Exporters may then sell these certificates to importers, who need them to conduct their business. The concept would maximize the value of imports, allowing it to be no greater than the value of exports. While this is not technically a tariff, it has much the same effect. Import certificates were proposed by Warren Buffett in 2003.
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In this regard, on January 1, 2019, the new import certificates at source for all exports to EU territory came into force.
'[The current system where] the SRA [Sugar Regulatory Administration] gives import certificates to farmer groups which they will sell afterward to traders, and then to [sugar] users, does not contribute in bringing the prices down,' he said.
"They also need to obtain the necessary import certificates, and register the sale and transfer of ownership.
The GOEIC investigated 90 export certificates and 267 import certificates.
Leaders from both nations underscored the need to resolve issues relating to the exchange of information such as the implementation of uniform import certificates, unification of beef and lamb import requirements, and improving procedures for importing food from New Zealand to the UAE.
Importers should also expect delays in ATF's issuance of International Import Certificates, ATF Form 4522.
Supply of 750'000 mechanized import certificates in the form of rolls suitable for editing via computers.
In line with the recommendations of the FEA, Adihex will prohibit import of live Cites-listed species or their derivatives before obtaining Import Certificates (from the FEA for Abu Dhabi or the Ministry of Agriculture & Fisheries for the northern Emirates- Dubai, Sharjah, Ajman, Um Al Quwain, Ras Al Khaimah and Al Fujairah).
To reduce the trade deficit the United Sates must (1) restore the withholding tax on foreign financial investments, (2) impose import certificates on nations practicing "dollar mercantilism," (3) tax foreign dollar reserves, and (4) accumulate a reserve of foreign currencies.
Under the plan, FDA would receive additional statutory authority to establish controls to prevent intentional adulteration for high-risk foods, accredit food producers, require electronic import certificates, mandate recalls, and enhance access to food records during emergencies.
The report approves without amendment the proposals for: a 2.8% cut in the intervention price for skimmed milk powder to 169.80 for 100 kg; abolition of the system that triggers buying-in of butter when market prices drop below 92% of the intervention price for two consecutive weeks; harmonisation of definitions for butter quality; dropping of the compulsory import certificates; and discontinuation of the arrangement whereby the armed forces can buy cut-rate butter.