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Distilled Spirits: On December 19, 2016, Colombia adopted a law reforming tax therapy of distilled spirits and federal oversight of provincial-stage alcohol monopolies. Mobile phone Import and Export Decree: In December 2016, the trade ministry revealed a decree reversing a prohibition on imports of cell units and elements through mail or specific supply, with some limitations, and allows more flexibility with respect to the documentary necessities for the export of used phones, e.g., for servicing and repair, or recycling and protected disposal of digital waste. Additionally, the decree prohibited all imports and exports of mobile gadgets and components via mail or specific delivery, and travelers coming into Colombia were restricted to carrying not more than three gadgets as private objects. The brand new legislation, effective January 1, 2017, replaces the earlier tax structure (which appeared to end in decrease tax charges on spirits produced domestically) with a extra impartial mixture of a "specific tax" based mostly on alcohol content and an ad valorem tax on the retail worth.



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The United States continues to interact Vietnam for a solution to these concerns that enables commerce to resume for the benefit of each international locations. The massive hole between India’s WTO certain and applied tariff rates allows India to make frequent changes to the extent of safety supplied to home producers by modifying tariff charges. The second is anticipated inflation in the currency that I'm lending out, with increased inflation resulting in larger rates. Tariff Increases: India continues to keep up some of the very best average tariff charges worldwide. The United States continues to lift these considerations through bilateral engagement with the Indian authorities, including via the U.S.-India Trade Policy Forum. Motor Vehicles: In October 2017, Vietnam launched Decree 116, which imposes onerous new necessities on imports, including new certification and testing necessities. In a prior decree issued in October 2015, Colombia’s trade ministry restricted the import and export of sensible phones and their components. On August 16, 2016, the Ecuadorian Institute of Intellectual Property (IEPI) issued Resolution 001-2016-CD-IEPI, which lowered exorbitant charges for registration and maintenance of patents, consistent with worldwide observe.



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