Wednesday, 09, September, 2026

The country plans to shift to setting import duty rates by law once it joins the World Trade Organization. Duty rates are currently approved by presidential decree.

Under a presidential decree on customs reform signed on August 27, the following will be established by law under a single-document principle once WTO accession is complete:

  • HS codes for goods under the Foreign Economic Activity Commodity Nomenclature;
  • the maximum rates agreed under the WTO framework for those HS codes (bound rates);
  • import customs duty rates.

The relevant bill is expected to be drafted by December 2027.

The country had originally planned to formally join the WTO at the organization's March 2026 summit. That did not happen, but officials have since reaffirmed their goal of completing accession by the end of this year.

 

 

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