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A service for international trade professionals · Monday, January 27, 2020 · 508,152,929 Articles · 3+ Million Readers
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Export Duty News Monitoring

  • Published on Jan 9, 2020

    Budget 2020: Merchant miners seek 30% export duty waiver on iron ore

    Ahead of the Budget for FY21, merchant miners have called for waiver of 30 per cent export duty on iron ore with Fe grade between 58 to 62 per cent. Miners through Federation of Indian Mineral Industries (Fimi), have stressed on exemption of the steep …

    Source: business-standard
  • Published on Jan 9, 2020

    FIMI seeks scrapping iron ore export duty from Budget 2020

    The Federation of Indian Mineral Industries (FIMI) wants the Centre to scrap the 30 per cent export tax on iron ore and 15 per cent export tax on bauxite in the coming budget 2020-2021. According to the industry body, there is a 30 per cent export duty on …

    Source: The Hindu Business Line
  • Published on Dec 28, 2019

    Argentine farmers back on the roads protesting export duties

    Saturday, December 28th 2019 - 06:50 UTC According to the self convened farmers, some 60 tractors and over a hundred vans have met at the town of Bell Ville, while the column heading for Rosario is made up of over 300 tractors, farm equipmen Argentine …

    Source: MercoPress
  • Published on Dec 27, 2019

    Decrease in import, export duties to revive Azerbaijan’s market of non-oil products

    BAKU, Azerbaijan, Dec. 27 Trend: The changes in import and export duties contribute to the revival in the Azerbaijani market of non-oil products, head of the department of the Azerbaijani Center for Analysis of Economic Reforms and Communication Nijat …

    Source: Trend.az
  • Published on Dec 21, 2019

    Argentina Increases Additional Export Duties

    On 14 December 2019, Executive Order No. 37/2019 (Executive Order) issued by the Federal Executive Branch (FEB) introduced changes to the export duties rates. In 2018, the FEB had established a 12% additional export duty until 31 December 2020 ( …

    Source: Buenos Aires News
  • Published on Dec 19, 2019

    Zambia to stop export duty on precious gemstones, Gemfields says

    Precious-stones producer Gemfields says Zambia has suspended a 15% duty on the export of precious gemstones. The Fabergé owner’s two main operating assets are MRM and the Kagem Emerald Mine in Zambia, in which it holds 75% of each. The company had said …

    Source: Business Day
  • Published on Dec 19, 2019

    Zambia suspends 15% export duty on gemstones – minister

    INTERNATIONAL - Zambia will suspend a 15% export duty on gemstones but not diamonds from Jan. 1 after the move that was intended to raise more revenues instead undermined production, the finance minister said on Thursday. Bwalya Ng’andu told Reuters the …

    Source: News
  • Published on Dec 19, 2019

    Zambia suspends 15% export duty on gemstones -S.Africa’s Gemfields

    JOHANNESBURG — South African gemstone miner Gemfields Group Ltd said on Thursday that the Zambian government has suspended a 15% export duty on gemstones, excluding diamonds, from Jan. 1, 2020. Miners say the duty, announced in a September 2018 budget, has …

    Source: Calgary Herald
  • Published on Dec 19, 2019

    Zambia drops precious gemstone export duty

    JOHANNESBURG (miningweekly.com) – The Zambian government has suspended a 15% export duty on precious gemstones, excluding diamonds, JSE-listed Gemfields said on Thursday. The suspension was announced the government gazette last week, and will take effect …

    Source: Mining Weekly
  • Published on Jan 21, 2020

    $1.4 Billion of Palm Oil Is in the Crossfire as Mahathir Angers India

    (Bloomberg) - A brewing diplomatic spat between India and Malaysia has got an unusual victim in the crossfire: palm oil. New Delhi abruptly restricted imports of refined palm oils this month, apparently irked by Malaysian Premier Mahathir Mohamad’s …

    Source: Investing.com
  • Published on Nov 21, 2019

    Malaysia likely to continue CPO export duty exemption

    A worker shows palm oil fruits at a factory in Sepang November 20, 2014. — AFP pic KUALA LUMPUR, Nov 21 — The Malaysian government will likely continue with the crude palm oil (CPO) export duty exemption next year to keep commodity prices competitive, says …

    Source: Malay Mail
  • Published on Nov 26, 2019

    Foxconn awaits export duty clarity for expansion in India

    NEW DELHI: The recent World Trade Organization (WTO) ruling asking India to roll back its export sops scheme has put New Delhi in a “spot,” said the India managing director of Foxconn, the world’s largest contract manufacturer. Josh Foulger told ET that …

    Source: The Economic Times
  • Published on Jan 19, 2020

    Steel industry seeks duty cut on key raw materials in Union Budget 2020

    By PTI NEW DELHI: The domestic steel industry is seeking reduction in basic customs duty on key raw materials such as coking coal, pet coke, limestone and dolomite in the upcoming Budget. Finance Minister Nirmala Sitharaman is scheduled to present the …

    Source: The New Indian Express
  • Published on Nov 19, 2019

    Phone makers seek clarity on export duty relief scheme

    NEW DELHI: Leading mobile phone brands and contract manufacturers like Apple, Samsung, Xiaomi and Foxconn have sought clarity on the contours of a duty relief scheme for exports announced in September. In the absence of broad contours of the Remission of …

    Source: The Economic Times
  • Published on Jan 17, 2020

    Restriction on import of refined palm oil will safeguard the margins of domestic palm oil refiners while also improving ...

    India imports more than ~70% of total edible oil consumed in India, of which, palm oil is nearly entirely imported and constitutes ~40% of total edible oil consumption and ~60% of total edible oil imports in India. Recently on January 8, 2020, the Director …

    Source: Equity Bulls
  • Published on Jan 16, 2020

    MPOB: CPO price to average at Rm2,750 per tonne in 2020

    MPOB director-general Ahmad Parveez Ghulam Kadir said the CPO price was expected to be stronger this year. — Picture by Choo Choy May KUALA LUMPUR, Jan 16 — The Malaysian Palm Oil Board (MPOB) expects 2020 to be a better year for the palm oil industry, …

    Source: Malay Mail
  • Published on Jan 16, 2020

    Factbox: How China tariffs on U.S. commodities, energy stand after Phase 1 trade deal

    BEIJING/SINGAPORE (Reuters) - China and the United States have agreed to terms of a Phase 1 trade deal on Jan 15 but Beijing has not reduced or waived tariffs on any commodities or energy further. FILE PHOTO: U.S. President Donald Trump stands with …

    Source: Reuters
  • Published on Oct 14, 2019

    Malaysia to cut export duties for crude palm oil in 2020

    KUALALUMPUR (Reuters) – Malaysia will reduce duties on exports of crude palm oil, its first review since the current tax rate was imposed in 2013, Finance Minister Lim Guan Eng said on Monday. Under the new tax regime, the export duty rate will be set at …

    Source: euronews
  • Published on Jan 13, 2020

    Budget 2020: ISSDA seeks nil duty on import of key raw materials

    KOLKATA: Indian Stainless Steel Development Association (ISSDA) has sought nil duty on import of key raw materials, including ferro-nickel and stainless steel scrap as part of its Budget 2020 recommendations to the union finance minister. Ferro nickel and …

    Source: Economic Times
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VII National Aviation Infrastructure Forum & Show

Date: 05-Feb-20 to 06-Feb-20
Location: Moscow / Russia
NAIS Forum & show is the recognised and the most influential industry event in Russia and CIS for professionals engaged in modernisation and development of travel routes and civil aviation infrastructure: airports, airfields, helicopter centers, airlines and other air carriers. During 2 days both industry flagships and new market players showcase their best solutions in the main sectors of the civil aviation infrastructure development: equipment and technics, construction and security, IT and MRO, training and business development. FIGURES & FACTS: - 125 exhibitors represent their best products, projects and services from 15 countries of the - In total over 4000 professionals from 63 regions of Russia and 30 countries negotiate, network, learn and exchange their ...

Argus Africa Fertilizer

Date: 19-Feb-20 to 21-Feb-20
Location: Cape Town / South Africa
The 11th annual Argus Africa Fertilizer conference will take place from 19 - 21 February 2020 in Cape Town, South Africa. The conference brings together 400+ attendees representing 150 companies from across the fertilizer supply chain. As the leading and biggest fertilizer conference in the region, this is the only place to find all the regional contacts and market insight you need to build your presence in the dynamic and growing fertilizer market in Africa. Whether you are involved in the supply, trade or distribution of fertilizers in Africa, you will meet valuable new partners and customers from across the sector at this event.

IRX (InternetRetailing Conference) in Birmingham April 2020

Date: 01-Apr-20 to 02-Apr-20
Location: United Kingdom
"The UK’s no. 1 digital retail show - join 5,000 retailers, brands and industry experts at IRX 2019" IRX offers visitors a rich and relevant programme with the complete range of products and services essential to drive multichannel retail performance. It is the destination technology trade show for digital retail, combining insightful conferences with practical hands-on training on all aspects of online retailing - from eCommerce and mCommerce, to payments, international growth, B2B and the latest in AR, VR and other disruptive technology. Join us on the 1st & 2nd April 2020 at the NEC in Birmingham, UK.

Brand Print Thailand Exhibition 2020

Date: 07-May-20 to 09-May-20
Location: Thailand
The Brand Print exhibition journey takes us from promotional marketing through posters, direct mail brochures and sampling packs, to the physical design and print of shelf-stacking units and collation packs, stand-alone corrugated display cases and the full range of in-store promotional graphics. See cutting edge wide-format and digital printing innovations with live demonstrations. Learn about global print trends, future technologies and the latest promotional print techniques. Meet the world's leading print manufacturers, suppliers and network with industry experts.

7th Bank IT Conference, Toronto 2020

Date: 12-May-20 to 12-May-20
Location: Toronto / Canada
Bank IT conference is an Elite focused gathering with senior/key technology executives from Top Canadian banks, Financial Services and Insurance companies who would be attending. It is a boutique conference which provide all sponsors with maximum networking and best marketing exposure. The conference covers panel discussion and presentations on topics like Cyber Security, Information Security, Artificial Intelligence, Data Science, Enterprise Architecture & Cloud. For sponsorship / exhibition inquiries, please contact us soumya.p@auro-consulting.com

Interplas | NEC, Birmingham | 29 Sept - 01 Oct 2020

Date: 29-Sep-20 to 01-Oct-20
Location: United Kingdom
Interplas is the UK's largest and leading plastics industry event. A triennial event, over 500 exhibitors invest time and planning into demonstrating the latest machinery, equipment, products and services for visitors to view, test and experience at the show. You will see the entire spectrum of moulding and forming machines in action as well as materials, automation, contract manufacturing and supporting technologies including software, testing, inspection, surface treatments and much more. Add to this a full three days of conferences from some of the industry’s leading brands, authorities and organisations, as well as supplementary seminars, workshops and events, a visit to Interplas ensures you will get value, insight and experience you would not get at your desk.
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