Mexico reveals new tariffs for rice imports

(VOV)- Mexico has adjusted the import tariffs to 20% on Vietnamese rice imports and 9% on paddy imports effective January 9, 2015.

According to the Vietnam Food Association (VFA), Vietnam’s rice exports to Mexico achieved an impressive growth rate in 2014 with Vietnam surpassing the US to become the largest rice exporter to Mexico.

The Vietnamese Trade Office in Mexico recommended rice exporters recalculate export prices and inform partners to avoid risks and disputes.

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