ESPACIO PUBLICITARIO
CARACAS, Monday February 11, 2013 | Update
 
|
share
|
DEVALUATION

Venezuelan seaport tariffs to hike 46.5% upon new forex rate

State-run company Bolivariana de Puertos' tariffs and services are estimated in US dollars, so importers shall pay more

The new foreign exchange rate will enter into force next Wednesday (File photo)
ROBERTO DENIZ |  EL UNIVERSAL
Monday February 11, 2013  01:04 PM
Devaluation of the Venezuelan currency will have immediate effects on import costs. Although the Government has announced that US dollar requests submitted by some sectors prior to the announcement of the new foreign exchange rate (USD 6.30) would be admitted at VEB 4.30 per US dollar, seaport services and tariffs will rise next Wednesday. 

As set forth in Article 4 of Official Gazette 40,078, dated December 26, 2012, seaport tariffs and services are based on the updated fees schedule of state-run company Bolivariana de Puertos (Bolipuertos), which calculates tariffs and services at the official foreign exchange rate.

"Seaport tariffs regulated under this resolution are estimated in dollars of the United States of America, in compliance with international standards, but payments are made in local currency based on the foreign exchange rate as determined by the Central Bank of Venezuela, and shall be made prior to dispatch and/or final withdrawal of goods from the seaport facilities," the document reads.

In other words, once the new forex rate (VEB 6.30 per US dollar) enters into force next Wednesday, importers and shipping lines shall pay 46.5% more for Bolipuertos' services.

Translated by Jhean Cabrera






|
share
|
ADVERTISING SPACE
Dossier
What goes out of the La Yaguara industrial park

María Fernanda Astudillo is a store analyst for Alimentos Polar working at the company's facilities in La Yaguara. At only 23 years of age, she has made a career in that company where she has worked for the last six years. Now, besides her responsibilities, which include overseeing shipping/receiving and warehousing of goods, she is taking part in the roundtable discussions among the other companies operating in the La Yaguara industrial park, the Government and the workers exploring possible ways of coping with the order to expropriate the land.

 Ranking
  •  Read 
 
fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar