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Finance ministry proposes cutting import taxes on chicken, pork

The Ministry of Finance has recently sent Dispatch No.14813/BTC-CST to competent ministries and sectors, suggesting cutting import on chicken and pork products.
Finance ministry proposes cutting import taxes on chicken, pork ảnh 1The Ministry of Finance has recently sent Dispatch No.14813/BTC-CST to competent ministries and sectors, suggesting cutting import on chicken and pork products.(Photo: VNA)

Hanoi (VNA) – The Ministry of Finance has recentlysent Dispatch No.14813/BTC-CST to competent ministries and sectors, suggestingcutting import on chicken and pork products.

Accordingly, import tariff on frozen chicken parts in the sub-category 2207.14 issuggested to be cut from 20 percent to 18 percent, which is equivalent to theduty reduction in the roadmap in the first year implementing the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Chicken imports increased during April and June as compared to the same time in2018 as consumers sought alternatives to pork following the outbreak of theAfrican swine fever (ASF), according to the Ministry of Agriculture and RuralDevelopment.

Regarding fresh or frozen pork (except for whole or half carcasses, ham, butt and picnicshoulder), the ministry recommended a tariff reduction from 25 percent to 22percent./.
VNA
#Ministry of Finance #Dispatch No.14813/BTC-CST #import tariff #chicken #pork #African swine fever #Comprehensive and Progressive Agreement for Trans-Pacific Partnership #Vietnam News Agency #Vietnamplus
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