Announcement of the Customs Tariff Commission of The State Council on the suspension of tariff concessions for some products (the second batch) of the Economic Cooperation Framework Agreement between the Two Sides of the Taiwan Straits

NEWS 2024.05.31

Tax Commission Announcement No. 4 of 2024

The Taiwan region has unilaterally adopted discriminatory prohibitions and restrictions on the export of products from the mainland, which violates the provisions of the Economic Cooperation Framework Agreement across the Taiwan Straits. On December 21, 2023, the Customs Tariff Commission of The State Council issued the Tax Commission Announcement No. 9, 2023, suspending the tariff reduction of some products under the Economic Cooperation Framework Agreement between the Two Sides of the Taiwan Straits, but Taiwan has not taken any effective measures to cancel trade restrictions on the mainland.

According to the Economic Cooperation Framework Agreement across the Taiwan Straits, the Customs Tariff Commission of The State Council decided to further suspend tariff concessions for some products under the Economic Cooperation Framework Agreement across the Taiwan Straits in accordance with regulations and procedures. The relevant matters are hereby announced as follows:

Starting from June 15, 2024, the import of 134 tariff items, including the lubricating oil base oil listed in the Annex, originating in Taiwan shall suspend the application of the agreed tax rates of the Economic Cooperation Framework Agreement between the Two Sides of the Taiwan Straits, and shall be implemented in accordance with the current relevant provisions.

Annex: List of tariff concessions suspended under the Economic Cooperation Framework Agreement across the Taiwan Straits (second batch)

Customs Tariff Commission of The State Council

May 30, 2024

Article source: Customs release

upload/2405311551149039708nidixt8fo6k.pdf

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