CABINET WANTS TO CHANGE CUSTOMS TAX

Ulaanbaatar, Mongolia, /MONTSAME/ The cabinet irregular meeting on Friday decided to submit its draft resolution on altering the 27th appendix of parliament's resolution, made in 1999, on “Approving size and percentage of customs tax on imported goods”. If the draft is approved, a customs tax imposed on solid wheat, mixed rye and wheat will be 20 percent throughout a year, on soft wheat--15 percent, and on imported form Russia wheat--40 percent during concrete period. Al this will serve such vital goals as to save workplaces, provide food safety and support domestic manufacturers, the cabinet considers. As preliminary calculated, Mongolia will harvest 427 thousand tons of grain, including 419.1 thousand tons of wheat, also 3.4 thousand tons of oat, 2.8 thousand tons of barley, and 0.3 thousand tons of rye this year. Mongolia uses 240 thousand tons of flour a year, in 2011-2012 we will produce 277.4 thousand tons of flour. It means that we can 100 percent satisfy our own needs in wheat and flour.

B.Oyundelger