By Paul Richardson
South Africa's International Trade Administration Commission abolished a 2 percent import duty on wheat, Business Report said. The commission found no justification for higher tariffs on wheat and wheat flour because of high international prices for the grain, the Johannesburg-based newspaeper said. A variable tariff has been introduced that will take effect if the wheat price falls below $157 a metric ton, the newspaper said.
Bloomberg
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January 26, 2009
South African government scraps wheat tariff,
Categories South Africa, tariffs, wheat
