71. Indonesia will reduce tariffs on goods imported from fellow members of the Association of Southeast Asian Nations next year, the official Antara news agency reported Saturday. 72. Instead the General Agreement on Tariffs and Trade was formed as a temporary measure to try to reduce global tariffs, and lasted beyond all expectations. 73. It follows a deal last fall under which China, as a condition for entering the World Trade Organization, agreed to open its markets and reduce tariffs. 74. Kyrgyzstan has agreed to reduce import tariffs on goods including some energy products, chemicals and paper. 75. Laos to begin reducing tariffs for other ASEAN members. 76. Manufacturers and Construction Workers Union Secretary Graeme Clarke said the import tariff should not be scrapped until other countries agreed to reduce tariffs. 77. Mexican Commerce Secretary Herminio Blanco said Monday that Mexico might reduce tariffs on imported luxury cars if their makers agree to make investments in Mexico. 78. Months after Brazil attempted to cut inflation by reducing tariffs on certain low-cost imported goods, the government reversed its policy and raised tariffs. 79. Not only does the system require IPPs to demonstrate high efficiency, it has also helped reduce tariffs in many countries. 80. On Friday, APEC ministers promised modest and voluntary steps to reduce tariffs gradually and liberalize rules for foreign investment in an effort to achieve their free trade dream. |