Non-Tariff Barriers


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Non-Tariff Barriers

Trade barriers other than tariffs. A common example is a countervailing duty, which enacts a tariff under certain defined circumstances. Non-tariff barriers have the same restrictive effect on trade as tariffs. They have become more common as the World Trade Organization has gradually reduced the circumstances under which a tariff may be imposed.
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We should absolutely not be looking to review or unwind our trade agreements, as has been suggested by unions and the Australian Labor Party, but should be focusing on the development of a coordinated strategy to address non-tariff barriers so as to best position the agriculture sector to capitalise on the outcomes of bilateral and regional FTAs.
Even when there are not outright tariffs there are non-tariff barriers that limit trade and investment," he told the reporters at a press conference in New Delhi.
He pointed out to countries applying non-tariff barriers such as quotas, import licenses, foreign exchange restrictions, banning exports and imports, complicated customs procedures, using standards and measures and food specifications in a manner that complicates trade and at times prevents it, thus cancelling the positive effects of lifting customs tariff barriers.
The senators also requested a quantitative analysis of the economic effects of China's most-favored-nation tariffs, free trade agreement tariffs, and non-tariff barriers on U.
GMA and other industry groups say the ITC study on trade barriers will help identify the key markets, products and most effective means for the elimination or substantial reduction of tariff and non-tariff barriers.
Egypt's economic reform program has been underway for 20 months and has included dramatic reductions in business and personal taxes, tariffs and non-tariff barriers to trade, broad financial service sector reforms, and the eventual privatization of some 200 government-owned businesses and 400 public-private joint ventures.
There are also non-tariff barriers or so-called temporary restrictions on export to Russia of Moldovan wine, meat and canned products.
Muhammad Ali said that Pakistan had slashed its tariffs on Indian imports considerably, but we still face problems in accessing the Indian market owing to the presence of non-tariff barriers, including delays at the customs clearance stage, massive subsidization of agriculture sector in India, standardization of HS codes between both countries and non banking channels.
While speeding up the negotiations, Japan must also tread lightly as the Commission has the right to stop the talks one year after they started (April 2012) if it believes Tokyo has not made sufficient effort in removing its non-tariff barriers.
Both Pakistan and India have agreed in principle to remove all non-tariff barriers (NTBs) with due consultations to promote bilateral trade between the two countries, said Secretary Commerce, Zafar Mehmood.
Islamabad, April 28(ANI): Pakistan and India are expected to eliminate non-tariff barriers and open more trade routes to facilitate the promotion of bilateral economic cooperation, according to sources.