(VEN) - The Government recently announced Resolution 13/CP, regarding comprehensive solutions to solve difficulties for businesses and to support market development following Government Resolution 01/CP. These include solutions related to fiscal and monetary policies and tax exemption and reduction.
In response, the Ministry of Finance has changed its import and export tariff policies through Circular 11/2012/TT-BTC dated February 4, 2012, exempting export tariffs on construction materials taken from the domestic market into non-tariff areas for technical and social infrastructure construction, repair and maintenance.
Second, the Ministry of Finance is gathering opinions from ministries, sectors and local authorities, regarding the need to reduce the export tariff rate from three to zero percent to solve difficulties for coconut farmers and export coconut production and processing enterprises./.
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