Thursday, 19 October 2017
Morocco in December, will reduce the import duty on soft wheat 4.5 times
The Cabinet of Ministers of Morocco on 12 October approved a draft decree to reduce from 01 Dec 2017. import duties on wheat from 130% to 30%, according to Morocco World News
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The measure of tariff regulation will be applied in order to reduce prices in the domestic market and ensure its quality grain, said the Minister.
Duty of 135% was established in April 2017.
Presenting the current draft decree, the Minister of economy and Finance said about a possible increase in import duties on soft wheat to 65% for the period from 15 June to 15 August in order to protect the domestic market for the period of harvesting of new crop.
Photo: sushkiperm.ru
Translated by service "Yandex.Translation"
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