«About 50 per
cent of our members import from the U.S., and about 25 per cent export, so that's a significant amount, and if there is a decrease in access to the U.S., that will certainly have an impact on our members.
Not exact matches
As part
of a free - trade agreement among
members of the ASEAN, the tariff on sugar
imported among
member states will be halved to 5 per
cent next year.
The program assesses the equivalent
of 7.5
cents per hundredweight
of milk on
imported dairy products and adds two importer
members to the National Dairy Promotion and Research Board.
Among the major decisions made is the adoption
of a new funding model for the AUC, which will see all the 54
member countries contribute some 1.2 billion dollars to the Union's coffers every year through levying 0.2 per
cent tax on eligible
imports.