Hundreds of Chilean exports exempt from tariffs in Asia
The new year brought tariff exemptions for 606 Chilean products in Japan and South Korea, Latercera.cl reported.
A reported 391 of these products are destined for South Korea, were Chile will now enjoy a reported 95% exemption on import tariffs.
Fruit products listed in the exemptions include fresh grapes, raisins, apricots, cherries, peaches, raspberries, kiwifruit, blueberries, prunes, dried apples and apple juice.
On the Japanese list of 215 products are cherries, apricots, peaches, prunes, kiwifruit, frozen strawberries and dehydrated apples.
Official statistics place the value of Chilean exports to South Korea from January to October 2013 at over US$6 billion, Latercera.cl indicated. Of this value, an estimated US$500 million pertains to fruits, processed foods and salmon.
During the same period, Chilean exports to Japan reached US$6.4 billion.
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