AreaPeru

Commodity GroupRice

CommodityAll

Date30/06/2019

Policy CategoryTrade

Policy InstrumentImport tariff

DescriptionDecreed that the ceiling applied on additional duties levied on rice imports under the price band mechanism would be maintained at 20 percent of the imports\' Cost, Insurance and Freight (CIF) value, instead of being lowered to 15 percent of CIF value, as foreseen by an earlier decision. The measure, which also sets out new customs tables adjusting the additional duties, will be in effect until 30 June 2020, after which the ceiling on additional surcharges will be adjusted to 15 percent of imports\' CIF value.