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USA : Implementation Measures of 2006 TRQ Allocation for imported cotton |
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2006-1-27
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In accordance with the "Interim Rules and Regulations for Agricultural Imports Tariff Rate Quota" (Decree No. 4, jointly issued by the Ministry of Commerce and the NDRC in 2003), the 2006 TRQ amount, application requirements, and allocation principles for imported grains and cotton are announced as follows:
1. The 2006 TRQ amount for imported grains and cotton shall be: wheat 9.636 million metric tons with 90% designated for state trading firms; corn 7.2 million metric tons with 60% designated for state trading firms; rice 5.32 million metric tons (long grain rice 2.66 million metric tons; medium-short grain rice 2.66 million metric tons) with 50% designated for state trading firms; and cotton 894,000 metric tons with 33% designated for state trading firms.
2. Enterprises engaged in imports of aforementioned agricultural products through general trade, processing trade, barter trade, border small-scale trade, aid, and charities should apply for import TRQs and proceed through customs clearance with an Agricultural Product Import TRQ Certificate. Products entering bonded warehouses, bonded areas or export processing zones shall be exempt from applying for an Agricultural Product Import TRQ Certificate.
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