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NEWS ADMIN

Mahamad Rodzi Abdul Ghani

DATE

05/01/2004

NEWS PROVIDER

Mahamad Rodzi Abdul Ghani

NEWS SOURCE

Beijing Time

CATEGORY

HEADLINE

China issues 2004 tariff quotas on four farm produ
('billion' quote by news agency should read as million tonnes)

Tuesday, November 04, 2003 - China has issued tariff quotas for importsof palm oil, soybean oil, colza oil and sugar in 2004, according to a newgovernment gazette Monday.

China has issued tariff quotas for imports of palm oil, soybean oil, colzaoil and sugar in 2004, according to a new government gazette Monday.

The quotas on palm oil, soybean oil, colza oil and sugar in 2004 are 2.7billion, 31.18 billion, 11.27 billion and 19.45 billion tons respectively,according to an announcement in the No.64 China Foreign Trade and EconomicCooperation Gazette.The announcement said the tariff for imports within the quotas were 9percent for palm oil, soybean oil and colza oil and 15 percent for sugar.The tariff for exceeding the quota ranged from 30 to 190 percent.