Colombia’s Minister of Trade and Industry objects to the additional tariffs on imported textiles in the “National Development Plan (Draft)”
According to a report by Colombia’s “Securities News” on April 12, the “National Development Plan (Draft)” currently being reviewed by the Colombian Congress proposed a tariff rate for imported textiles below 20 US dollars/kg. 15% increased to 37.9%. Restrepo, Minister of Trade, Industry and Tourism of Colombia, said that there are two major flaws in including the above-mentioned items in congressional legislation. First, the constitution stipulates that tariff determination is an administrative power. The content is insufficiently legal; secondly, additional tariffs will undoubtedly further encourage smuggling. He also pointed out that on the one hand, we should continue to strengthen the inter-departmental liaison mechanism for foreign trade facilitation, and on the other hand, we should cooperate with customs, industry and other relevant departments to strengthen the fight against smuggling. In addition, the Chairman of the Colombian National Association of Entrepreneurs (Andi) and the Vice Chairman of the National Federation of Businessmen (Fenalco) also expressed the same position and views, pointing out that the textile industry is highly mature, there is little room for scientific and technological progress, and it is difficult to increase production capacity, such as increasing tariff rates. , the market gap will inevitably give way to smuggling.
AAA fabric network SDFWERTEYRHF
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