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Govt extends suspension of tariff on agriculture sector

Arthur Douglas/Maximilian Kasseh, Jr.
Some Cocoa being ready to be transported
Some Cocoa being ready to be transported

MONROVIA-The President of the Republic of Liberia, Ellen Johnson Sirleaf, has issued Executive Order No.81 extending the suspension of tariff on agriculture equipment, live animals for breeding and agriculture seeds.

An Executive Mansion release Tuesday, January 3, 2017, said the Executive Order seeks to continue the development of the agriculture sector.

The Order follows a review of tariffs imposed on essential equipment, agriculture seeds, live animals for breeding, and other goods directly related to agricultural development, because the Government of Liberia recognizes the increased needs to stimulate activities in the agriculture sector after years of war.

The government also recognizes the need to provide incentives under the economic transformation pillar of the Agenda for Transformation, by encouraging private sector investment in the procurement of essential agricultural equipment, seeds, among others.

The President might issue Executive Orders in the public interest, either to meet emergencies or to correct particular situation which awaits lengthy legislative processes, the release further states.

Meanwhile, the Executive Order does not exempt importers of agriculture related materials from paying the Customs Users Fee (CUF) and ECOWAS Trade Levy (ETL) where applicable.

Those benefitting from this Executive Order must be directly involved in the forestry and agricultural sectors.

 


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