1. Beijing is planning to treat foreign enterprises on the same level as its domestic companies by reviewing some preferential treatments, such as tariff exemptions. 2. According to the Izvestia newspaper, under Sych the federation used its customs tariff exemption to secure more contracts than any other importer of alcohol and tobacco in Russia. 3. State-owned National Power Corp. would lose its tariff exemption for petroleum imports under the new tax structure, Ramos said. 4. At the same time, China removed a tariff exemption on equipment imports for foreign-funded ventures, raising the cost of doing business for many would-be players. 5. The Andean Trade Preferences Act, a U.S. law giving tariff exemptions, expires in December, and all the Andean governments are seeking to renew and expand it. 6. The two sides will discuss tariff exemption, tax cuts and other benefits for South Korean investors. 7. The Japanese embassy said Friday it was studying an Indonesian government ruling that grants tariff exemptions to PT Timor Putra Nasional for possible breaches of world trading rules. |