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Haiti - Economy : Towards an increase of tariffs...
25/06/2018 08:58:57

Haiti - Economy : Towards an increase of tariffs...

Jude Alix Patrick Salomon, Minister of the Economy and Finance, in a document titled "Customs Policy: Encouraging Domestic Production", proposes new strategies to encourage local investors to produce in Haiti. According to this document tariff increases will be applied to various imported products some of which are already produced in Haiti and others that can be manufactured domestically, to encourage investors and local industries, reduce massive imports and pressure on the demand for US currency and improve the trade balance.

According to this document, if these tariffs were applied, tobacco would be taxed at 60%, currently 20% (+ 40%), whiskey, vodka, cognac and other strong alcohol would be taxed at 60% currently 25% (+ 35%). Tariffs on detergents and cleaning products would be taxed at 30%, flour in bags 25% and all plastic products at variable rates.

All of these measures initially concern 22 families of products and 15 others in a second time. The application of these measures includes, in parallel, the strengthening of internal controls and import controls (quality, smuggling, etc.) as well as measures to promote investment.

See also :

https://www.haitilibre.com/en/news-24721-haiti-news-zapping.html

https://www.icihaiti.com/en/news-24274-icihaiti-politic-world-press-freedom-day.html

TB/ HaitiLibre



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