Markets and trade
 

Detail

Area
United Kingdom of Great Britain and Northern Ireland
Commodity Group
Rice
Commodity
All
Date
19/05/2020
Policy Category
Trade
Policy Instrument
Import tariff
Description
Announced the UK Global Tariff (UKGT), the country\'s tariff schedule that will replace the Common External Tariff of the European Union, following the end of the Brexit transition period, on 31 December 2020. The UKGT is to apply to imports of goods not covered by a tariff suspension or originated in countries not party to a trade agreement with the United Kingdom of Great Britain and Northern Ireland or part of the Generalised Scheme of Preferences (GSP). According to the UKGT, as of 1 January 2021, paddy for sowing is to accrue a tariff of 6 percent, while an import duty of GBP 176 (USD 228) per tonne will be applicable for all other paddy. In the case of husked, semi/wholly milled rice and broken rice, duties of GBP 25, 121 and 54 (USD 32, 157 and 70) per tonne will apply, respectively. The announcement followed guidance issued on 30 January 2020 indicating that, from 1 January 2021, the UK Generalised Scheme of Preferences would extend the same preferential market access as the GSP of the European Union to eligible developing countries.
Notes
Exchange rate as of 15 October 2020.