Vietnamese Meat Import Duties to Rise
VIET NAM - The government of Vietnam, is raising the import duties for meat coming into the country. The new rates on pork increased by 25% and the import of beef by 10%, in order to protect local farmers from cheap imports.
8 October 2008
1 minute read
Pork makes up 80 of the meat market in Vietnam. According to the Argentine Beefpackers Association, there are 180 containers of pork and poultry meat, backed up in the ports of the country that have not been allowed in by customs.
Deputy President of the Vietnam Poultry Farmers Association, Le Hong Man, said "the current import duty was far to low and caused problems for the domestic industry being able to compete".
The Minister of Agriculture, said that the new duties were in keeping with the World Trade Organization (WTO) guidelines.
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