NDRC Will Redistribute Cotton Import Tariff Quotas

In August 19th, the NDRC issued the announcement on the redistribution of import tariff quotas for agricultural products in 2008, and some imported cotton tariff quotas that had not been used will be redistributed.

According to the report, some end-users who held the import tariff quotas for cotton in 2008 did not sign import contracts or signed import contracts in the same year. However, they were not expected to ship from the port of departure before the end of the year. The NDRC and Commerce Department of the provinces (autonomous regions and municipalities directly under the central government) should be returned to the locality where they were not completed or not completed before September 15th.

The national development and Reform Commission and the Ministry of Commerce will redistribute the quotas returned.

The national development and Reform Commission and the Ministry of Commerce will deduct the proportion of agricultural products import tariff quotas in proportion to the proportion that the end users did not return before September 15th and did not fully use before the end of the year.

The final user who has used up all the import tariff quotas, and the new users who have applied for the conditions of import and export tariff quotas in 2008, the conditions for application and distribution, and the application and distribution rules of the tariff quotas for sugar imports in 2008, but failed to apply for new import tariff quotas in 2008. 1~15 days in September, they can apply for quota redistribution to the local development and Reform Commission and the Commerce Department of the provinces (autonomous regions and municipalities directly under the central government).