8/7/2019 Trade Control Measures
1/12
Trade Control MeasuresTrade Control Measures
Presented By:Soumavo DuttaChoudhury
109D46
Daniels John, Radebaugh Lee, Sullivan Daniel(2006)
International Business: Environments and Operations ,10thEdition, Pearsons Education
www.unctad.org
8/7/2019 Trade Control Measures
2/12
T rade Control MeasuresT rade Control Measures
T RAINS ( T R ade A nalysis and IN formation System) provides online accessto indicators of T rade Control Measures
It also provides country notes of trade regimes
Indicators of T rade Control Measures-
1. T ariff measures
2. Para-tariff measures
3. Finance measures4. Automatic licensing measures
5. Quality Control Measures
6. Monopolistic measures
7. T echnical measures
8/7/2019 Trade Control Measures
3/12
T ariff MeasuresT ariff Measures
y Statutory Custom Duties- Hong Kong Free Port, Indonesia- No customs for mailed goods
y MFN Dutiesy
GA TT
ceiling dutiesy T ariff Quota Duties
- Chicken in Malaysia( quota rates 50% to 70%)y Seasonal Duties
- Seasonal Duty on Jet Fuel, Russia
y T emporary Reduced Duties- 8% refund on text books, Australia
y T emporary Increased Duties- T emporary Import Duty on import of US Biodiesel - EU
y Preferential Duties under T rade Agreements
- Malaysia offered tariff reduction on 15 tariff lines through GS T P
8/7/2019 Trade Control Measures
4/12
Para T ariff MeasuresPara T ariff Measures
y Customs Surcharges
- T op Surtax is 5.4% for US
y Additional Charges
- Motor Vehicle T ax of 0 48% , Croatia
y Internal taxes and charges levied on imports
- French Government on Greece
y Decreed Customs Valuation
- "valeur mercuriale" in French
8/7/2019 Trade Control Measures
5/12
Finance MeasuresFinance Measuresy Advance Payment Requirementsy Advance Import Depositsy Cash Margin Requirement y Advance Payment of Customs Duty y Refundable Deposits for sensitive product categoriesy Multiple Exchange Ratesy Restrictive official foreign exchange allocationy Regulations concerning terms of payment for importsy T ransfer delays, queuing
8/7/2019 Trade Control Measures
6/12
Automatic Licensing MeasuresAutomatic Licensing Measures
y Automatic License
- Importation of selected industrial products, Malaysia y Import Monitoring
- Import of selected heavy machinery,i997,Malaysia
8/7/2019 Trade Control Measures
7/12
Quality Control MeasuresQuality Control Measuresy Non-automatic licensing y Licence with no specific ex-ante criteria y Licence for selected purchasers
-Import license of ammunition to arms license owner, Malaysia y Licence for specific usey Licence linked with local production
- French Company Nutriset for Plumpy Nut y Purchase of local goodsy Local content requirement
- US Israel free tradey Barter or counter trade - Poland paid Coca Cola in Beery Licence linked with non-official foreign exchangey Licence combined with or replaced by special import authorization
- Recorder appliances for Kuwait
8/7/2019 Trade Control Measures
8/12
Quality Control MeasuresQuality Control Measures
y Prior authorization for sensitive product categories
- Import of explosives to be authorized by Royal Malaysian Policey Quotasy Global Quotas
- Ukraine on food grainy Bilateral Quotas
- Japan on man made textiles to USy Seasonal Quotas
- Japan T una quota halvedy Quotas Linked with export performancey Quotas linked with purchase of local goodsy Quotas for sensitive product categories
- Import License for unmanufactured tobacco in Malaysia
8/7/2019 Trade Control Measures
9/12
Quality Control MeasuresQuality Control Measuresy
Prohibitionsy T otal Prohibition - Publications which bear images against religious
beliefs prohibited in Malaysia y Suspension of Issuance of licences
- Balance of Paymentsy Seasonal prohibitiony T emporary prohibition
- T emporary Prohibition of animal products in Malaysia y Import Diversification
- Chinas crude Oil from Brazil and Russia y Prohibition for Sensitive Product Categoriesy Prohibition for political reasonsy Export restraint arrangements Export of textile and clothing
products from Malaysia to W T O countriesy Enterprise specific restrictions
8/7/2019 Trade Control Measures
10/12
Monopolistic MeasuresMonopolistic Measures
y Single Channel for Imports
- Rice stockpile in Malaysia y Compulsory National Services
8/7/2019 Trade Control Measures
11/12
T echnical MeasuresT echnical Measures
y T echnical regulationsy Product characteristics requirementsy Marking requirementsy
Labeling requirements Korea asks for country of origin labely Packaging requirementsy T esting, inspection and quarantine requirementsy Information requirementsy Requirement relative to transit y
Requirement to pass through specified customsy Pre-shipment inspectiony Special customs formalitiesy Obligation to return used product
8/7/2019 Trade Control Measures
12/12
THANK YOU!THANK YOU!
Top Related