quantitative restrictions

quantitative restrictions

usually known as quotas, these measures, being non-pecuniary measures, are significant in that they are controlled by the law of the EUROPEAN UNION. These prohibitions are designed to bolster up the rules against customs duties and charges having equivalent effect. The law also applies to measures having equivalent effect to quantitative restrictions.
References in periodicals archive ?
To further drive down the price of rice, he also called for the abolition of the quantitative restrictions (QRs) that limit the volume of inexpensive foreign rice that can be imported to the Philippines.
First, we have reached the end of the line on the extensions we have been asking for maintaining quantitative restrictions on rice imports.
Nomura also said while BSP officials claim the impact of the removal of quantitative restrictions on rice imports present a significant offset to headline inflation pressures, it should not be enough to calm worries over rising inflation pressures.
Meanwhile, the proposed reforms in the rice industry involving the replacement of quantitative restrictions with tariffs and the deregulation of rice imports could serve to reduce inflation.
Beltran said the lifting of the quantitative restrictions on rice imports in favor of tariffs will result in the reduction in the retail price of the food staple by as much as R7 a kilo and help free some 730,000 Filipinos from poverty.
Pakistan facilitates the transit of Afghan goods without any quantitative restrictions.
It also empowered the Committee to consider measures such as quantitative restrictions, prior registration and changes in import duties depending on domestic production and demand, domestic and international prices and international trade volumes.
Iftikhar Malik was of the view that traditional barriers to trade including tariffs and quantitative restrictions are being dismantled with a view to promote cross-border trade.
It was reported that there are no quantitative restrictions and export duties (taxes and charges having equivalent meaning) for businesses in Kazakhstan and Belarus within trilateral agreement on organization, management, operation and development of common markets of oil and petroleum products between Belarus, Kazakhstan and Russia.
Debate has been raging in the country following the decision by a local company to take the government and Namibia Dairies to court over the imposition of quantitative restrictions on dairy imports into the country.
With the increase in customs duty on gold to 10 per cent and the quantitative restrictions linking imports of the precious metal to exports of jewellery, the domestic price of gold is much higher than international prices.
According to the resolution, quantitative restrictions to the amount of 100,000 tons were set for the export of light distillates.

Full browser ?