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China Imposes Safeguard Measure Against Sugar Imports

All imports of sugar exceeding the official annual quota level have been subject to an additional “safeguard” charge since 22 May 2017, according to a notice issued by the Ministry of Commerce. The safeguard charge is to be calculated on the basis of the duty-paid value as assessed by China’s Customs, i.e.

total safeguard charge = duty-paid value x safeguard charge rate

The affected products are classified under the following commodity codes as defined under the Customs Import and Export Tariff of the People’s Republic of China: 17011200, 17011300, 17011400, 17019100, 17019910, 17019920 and 17019990.

This safeguard measure is to be in force for three years. The safeguard charge rate is 45% for one year from 22 May 2017. For the period 22 May 2018-21 May 2019, the charge rate will fall to 40%, dropping to 35% for the subsequent year.

Sugar imports from certain developing countries (and territories) are to be exempt from this safeguard measure.

For further details on these safeguard measures (in Chinese), please refer to the following website:

MOFCOM Announcement No. 26 [2017]

Content provided by Picture: HKTDC Research
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