1993 (December 23)
Official Gazette No. 41149 of 23 December 1993. Law
General of Agricultural Development and Fisheries Summary
THE CONGRESS OF COLOMBIA DECREES:
ARTICLE 1o. PURPOSE OF THIS LAW. This law implements Articles 64, 65 and 66 of the Constitution. As such it is based on the following objectives to be considered in the interpretation of its provisions, in order to protect the development of agriculture and fisheries, and promote the improvement of income and quality of life of rural producers: || | 1. Give special protection to food production.
2. Adapting the agricultural and fisheries sector to the internationalization of the economy, on the basis of equality, reciprocity and national interest.
3. Promote the development of national food system.
4. Increase the efficiency and competitiveness of agricultural, livestock and fishery products by creating special conditions.
5. To promote the modernization of agricultural and fisheries marketing.
6. Ensure the provision of a sufficient volume of credit resources for the development of agricultural and fishing activities under suitable to crop cycles and prices, as well as the risks that weigh on rural production financial conditions.
7. Create the basis for a system of incentives for rural capitalization and protection of natural resources.
8. Promote technological development of agriculture, as well as the provision of technical assistance to small producers, according to the processes of decentralization and participation.
9. Determine the operating conditions of contributions and payroll taxes for agricultural and fisheries sector.
10. Set the Price Stabilization Funds Agricultural Products and Fishery.
11. Tend to the expansion and strengthening of social policy in the rural sector.
12. Strengthen the peasant family allowance.
13. Ensuring stability and clarity of agricultural and fisheries policies in a long-term perspective.
14. Encourage the participation of agricultural and fisheries producers, directly or through their representative organizations in state decisions that affect them.
PARÁGRAFO. For purposes of this Act logging and reforestation are considered essentially commercial agricultural activities.
CHAPTER I. INTERNATIONAL AND PROTECTION agriculture and fisheries sector
. TRADE RELEASE Agriculture and Fisheries. The Government may, through treaties or agreements shall be subject to congressional approval, bound on the basis of equity, equality, reciprocity and national, to the gradual and selective release of agricultural, livestock and fishery goods, inputs and products .
PARÁGRAFO. If the development of concessions in the agricultural sector as a result of further negotiations or development activities undertaken by community or regional bodies are allowed in the multilateral, subregional or bilateral treaties, such concessions should be submitted to the concept of the National Agricultural Commission to refers Chapter XII of this Law.
ARTICLE 3. SPECIAL STATE PROTECTION TO FOOD PRODUCTION. Except for the provisions referred to in the previous article, the National Government will establish tariff, para-tariff compensatory mechanisms or systems, in order that imports of agricultural and fishery goods adequate protection to domestic production is guaranteed.
ARTICLE 4. FACING TAX APPLICABLE UNFAIR COMPETITION. Quantifiable regular subsidies, through which other countries stimulate the production and export of agricultural origin and fishery, and which result in unfair competition for domestic products must be neutralized through mechanisms such as countervailing duties, minimum value of capacity customs, reference prices or nontariff restrictions. They must also take into account the reductions in production costs resulting from non-adherence of other countries to international conventions related to working conditions and other artificial reductions in costs or prices, including the "dumping". These compensatory measures shall be implemented in accordance with the procedures established by international agreements.
The 5th ITEM. SAFEGUARD SYSTEM. The national government will impose safeguard measures when domestic production of agricultural and fishery goods suffered damage or when there is a threat of injury because of a significant increase in imports or a substantial fall in international prices. The request for the imposition of a measure of this nature may be submitted by representatives of domestic production.
The Higher Council for Foreign Trade will decide cases where this safeguard to be applied.
PRIORITY FOR RURAL ACTIVITIES
ARTICLE 6o. In implementation of Article 65 of the Constitution, the Government will give priority to the development of the agricultural, livestock, fisheries, forestry and agribusiness, and marketing. For this purpose, regulations on prices and production costs, taxation, credit system, public investment in physical and social infrastructure, and other policies related to economic activity in general, must conform to the purpose of preferably ensure rural development.
ARTICLE 7. When linked to the protection of natural resources oriented agricultural production, protection of rural income and the maintenance of social peace in the agro circumstances so warrant, the Government may, selectively and temporarily, provide incentives and support direct to agricultural and fisheries producers in direct relation to the productive area or production volumes.
PARÁGRAFO. National Agricultural Commission created by this law, shall issue its opinion regarding the application areas, products and amounts of incentives and support provided for in this article.
Article 8. The Energy Regulatory Commission shall establish preferential electricity subsidies for producers of agricultural and fisheries sector.
Article 9. When municipal regulations on the use of land does not allow different uses of agricultural products, the estate tax valuations may not take into account any different productive capacity consideration and profitability of the land and its improvements, excluding therefore and valuation factors such as the influence of industrial or tourism development, expansion urbanizadora like.
PARÁGRAFO. For the annual adjustment of the assessed valuation of rural land dedicated to agricultural activities within the minimum and maximum percentages referred to in Article 8. Act 44 of 1990, the government will apply the price index farmer when its annual percentage increase is lower than the consumer price index.
added to Article the 8th. Act 44 of 1990 with the following paragraph:.
"Paragraph In the case of rural land, the concept of the National Council for Economic and Social Policy CONPES on the annual adjustment of assessed valuation shall be preceded by the concept of the Ministry of Agriculture on the existence of the circumstances referred to in Article 10 of this Law, if they will submit ".
resources that corresponds to the Nation from the exploitation of nonrenewable natural resources, the Government will allocate sufficient resources priority for recovery and sustainable development of the agricultural and fisheries sector.
PROVISION FOR CREDIT agriculture and fisheries sector
development of Article 66 of the Constitution and in accordance with the provisions of this Act, the state will subsidize credit for small farmers, encourage credit for rural capitalization and ensure adequate availability of credit resources for the agricultural sector.
PARÁGRAFO. Effective Jurisprudence
ITEM 13. OPERATIONS BY THE FUND TO FINANCE THE AGRICULTURAL SECTOR. In addition to the purposes stipulated in Article 26 of Law 16 of 1990, the National Agricultural Credit Commission established rediscount lines, equipped with the adequate resources and under appropriate financial conditions, in order that credit institutions may grant loans in local and foreign currency for the following purposes:
1. Land acquisition.
2. Purchase of machinery, equipment and other capital goods needed for the development of agricultural and fishing activities.
3. Storage, marketing and primary processing of crops and livestock and fishery products by the producers.
4. Increased herd, females retention and adaptation of farms.
5. Construction and operation of cold storage systems.
6. Development of fisheries and aquaculture.
8. Land Development.
9. Production of seeds and plant materials.
10. Organization and operation of agricultural and fishing cooperatives.
11. Financing Fund Price Stabilization of Agricultural Products and Fishery, within the limits established by the National Government.
12. Marketing funding through bags legally constituted agricultural products. PARAGRAPH 1.
. After approval of the National Commission on Agricultural Credit Fund Price Stabilization of Agricultural Products and Fishery, on to in Chapter VI of this Act, may obtain direct financing FINAGRO, provided that support the corresponding loan obligations by collateral or guarantee issued in favor of FINAGRO by financial institutions authorized for this purpose by the Banking Superintendency. PARAGRAPH 2.
. When the National Agricultural Credit Commission determines the occurrence of a critical economic situation, as stated by Law 34 of 1993 FINAGRO may rediscount loans granted by financial intermediaries whose fate is contemplated:
- Refinancing loans originally granted with resources from financial intermediaries, and / or
- cancellation of liabilities arising from supplier credits granted to production organizations and / or marketing constituted by primary producers.
Rediscounts that in the preceding paragraph must be part of a credit project as a whole is economically and financially viable. In addition, it should become apparent difficulty meeting the original obligations due to the occurrence of the reasons given for the declaration of the critical economic situation.
ARTICLE 14. SPECIAL CONDITIONS. When the nature of the project so requires, the National Agricultural Credit Commission shall establish:
1. Repayment and grace periods that fit the revenue generating capacity of funded projects.
2. Mechanisms capitalization of interest or other special systems for the cancellation of accrued interest.
3. Systems refinancing and capitalization of interest in case of default associated with factors that affect generally the development of funded activities.
4. Designation of credits in constant purchasing power units, UPAC, or any other system that allows amortization preserve the real value of loans.
PARÁGRAFO. For the implementation of development programs and livestock development, aimed at small and medium farmers, ranchers funds may go to special lines of credit in financial conditions referred to in this article.
ARTICLE 15. FINANCING OF LAND ACQUISITION AND RURAL HOUSING CORPORATIONS AND HOUSING SAVINGS. Authorize the Corporations Savings and Housing to create special credit schemes for land acquisition and rural housing, with terms of up to thirty (30) years, which may be granted under the rules of the system of constant purchasing power, UPAC.
The Savings and Housing Corporations have access to the rediscount lines for these purposes established in the Fund for Financing the Agricultural Sector.
ARTICLE 16. FINANCING OF LAND ACQUISITION. Authorize to other credit institutions to create special systems for financing with terms up to thirty (30) years, the acquisition of land for agricultural and aquaculture farm. The repayment of these loans will be made under any system of capitalization of interest, to ensure the preservation of their real value, including units of constant purchasing power UPAC.
The National Agricultural Credit Commission shall determine the conditions under which FINAGRO rediscount these operations.
ARTICLE 17. GUARANTEES FOR LOANS REFINANCING OF AGRICULTURAL. Authorized the Agricultural Guarantee Fund to agree with the Caja Agraria and the other commercial banks and financial corporations granting guarantees up to 60% of annual installments of principal and interest for agricultural loans that are restructured by credit institutions in the terms of this article. Eligible credits for such guarantees must meet the following conditions:
1. Question of expired prior to November 20, 1993 credits and still are in arrears, and which do not exceed 10 million pesos ($ 10.000.000.00) capital.
2. They are refinanced after the effective date of this law to a total term of 10 years, a grace period to capital of three (3) years and a maximum interest rate equivalent to that agreed in the restructured credit.
3. In breach of the restructuring, the respective establishment may make advance other obligations payable by the debtor.
These guarantees may not support the installments of principal and interest corresponding to loans whose criminal interests are not remisionados. The Fund may not require the user guarantees credit for this restructuring. PARAGRAPH 1.
. The guarantee premium is paid to the Fund may not be less than 3.5% per annum on interest and fees due on capital every year. In the case of small farmers, these fees can not be less than 1.5% annually. They may additional premiums for entities to submit higher claims established. PARAGRAPH 2.
. In any case guarantees not become effective until the judicial collection starts obligations.
The guaranteed portion of the restructured portfolio by the Fund will be subject to special accounting treatment to facilitate access to new credit by users who restructure their debts. PARAGRAPH 3.
. The benefits of this Article shall apply to the production credits granted with funds from the National Coffee Fund.
PARÁGRAFO 4o. Extension, until June 30, 1994 the deadline set out in paragraph 4 of the 3rd article., Act 34 of 1993, so that they can receive the benefits of that law those producers who do not qualify under the conditions of this Article and that tuvieren obligations between 15 September 1992 and 1 September 1993. as of February 1, 1994, these benefits will only be awarded if the corresponding refinancing applications are presented to financial institutions before maturity the respective credit.
PARÁGRAFO 5O. For purposes of the provisions of this Article, the President of FINAGRO, administrator of the Agricultural Guarantee Fund, FAG entity may delegate to other employees FINAGRO the function of issuing Certificates Guarantee FAG. Similarly, FINAGRO may contract with third parties integral execution of functions under the provisions of this article.
ARTICLE 18. The annual amounts of guarantees issued by the Fund in developing this article must have the prior approval of CONFIS. Since 1994, the Fund will pay an annual assessment of losses that may occur in the next year and have already occurred in the current year, and ask the Ministry of Agriculture incorporate the General Budget of the Nation resources to cover these net payments of the value of the premiums received and receivable.
ARTICLE 19. Authorize the Colombian Institute of Agrarian Reform, INCORA to that in the design of mechanisms for refinancing of production credits granted from its own resources to beneficiaries of land reform, may include total remission of criminal and partial interests accrued interest.
The authorization referred to in this article only will shelter the beneficiaries of agrarian reform in the case of expired prior to November 20, 1993 loans, whose duties shall have been qualified by the Board of INCORA as uncollectible or difficult to collect in three (3) years prior to the effective date of this Act.
ARTICLE 20. The Agricultural Guarantee Fund preferentially support loan applications of farmers in remote areas and difficult to access in the country, which can not provide the banks and financial institutions garments and guarantees required for an ordinary loan . The National Agricultural Credit Commission shall determine the amount and conditions eligible for this benefit.
ARTICLE 21. RURAL INCENTIVE CAPITALIZATION. Create the Certificate of Rural Capitalization Incentive, which entitled any natural or legal person who carries out investment projects in the agricultural sector. Projects must correspond to the terms and conditions determined by the National Commission on Agricultural Credit based on policies set by the Ministry of Agriculture.
ARTICLE 22. NATURE AND FORM OF INCENTIVE. The incentive for rural capitalization is a title that incorporates a personal right, be issued by the Fund for Financing the Agricultural Sector, FINAGRO, the amount will be deducted from the total amount or partial payments of the credit obligation originated in a draft which is Article 21 of this Law.
ARTICLE 23. AMOUNT OF INCENTIVE. The National Agricultural Credit Commission indicate the amounts, terms and conditions of the incentive for rural capitalization, not in any case exceed 40% of the value of the projects covered by the incentive, including interest incurred during the development phase thereof.
ARTICLE 24. ASSIGNMENT OF INCENTIVE TO RURAL CAPITALIZATION. Incentive for Rural Capitalization will be assigned or granted in each case by the Fund for Financing the Agricultural Sector, Finagro through financial intermediaries, trust companies or cooperatives, promoting democratization in order to ensure access of small producers. The beneficiary may make cash incentive as provided in the document issued by Finagro, for which this may occur where it any place and in accordance with this document, evaluation, field verification and monitoring control plan investment by Finagro or by the intermediary. The beneficiary will lose the incentive if they have been unsatisfactory evaluation, field verification and monitoring and control of the investment plan, made by the intermediary or Finagro.
PARÁGRAFO. Where submitted, on equal terms, registration for the eligibility of productive projects that aspire to receive funds from the Incentive for Rural Capitalization will have priority those that are presented by producer associations organized under any of the arrangements governed by rules solidarity economy, or the productive chains, or strategic alliances or that are located in those departments with the highest percentage of population with NBI, as defined by the Ministry of Agriculture and Rural Development. Editor's Notes
ARTICLE 25. RESOURCES TO MEET THE INCENTIVE. The National Government will appropriations and budget operations necessary to allocate the resources required for the full operation of the incentive for rural capitalization, resources FINAGRO agree will be administered with the annual program adopted by the National Agricultural Credit Commission.
PARÁGRAFO. FINAGRO only commit resources to the issue of rural capitalization incentive to the concurrence of the appropriate in the General Budget of the Nation or authorized by the CONFIS future years under resources.
ARTICLE 26. PURPOSE OF FINAGRO. Amend article 8 of Law 16 of 1990, which will read:.
"PURPOSE The purpose of FINAGRO will finance production activities in its various phases and commercialization of the agricultural sector through the rediscount operations make the entities belonging to the National Agricultural Credit System or other banking and financial institutions, trusts and cooperatives, duly authorized by the banking Superintendency, or by entering into agreements with such institutions, which may agree that the risk is shared between FINAGRO and access to rediscount entity ".
ARTICLE 27. Notwithstanding the provisions of Article 28 of Law 16 of 1990, the Agricultural Guarantee Fund will also support the loans granted by other banking institutions, financial, fiduciary and cooperatives, duly authorized by the Superintendency bank to grant loans destined for the agricultural sector.
ARTICLE 28. The Government, through the Ministry of Agriculture, will have a maximum of four (4) months from the approval and enactment of this Act to regulate regard to rural capitalization incentive. CHAPTER V.
agricultural and fisheries PARAFISCAL
Notion ARTICLE 29. For the purposes of this law, are agricultural and fisheries payroll contributions which in cases and special conditions, for reasons of general interest, the law imposes an agricultural subsector or certain fishing to benefit from it.
The agricultural and fisheries parafiscal not part of the General Budget of the Nation.
ARTICLE 30. ADMINISTRATION AND REVENUES. The administration of agricultural and fisheries payroll contributions will be made directly by the union entities that meet the requirements of national representativeness of a particular agricultural or fishing activity and which have concluded a special contract with the Government, subject to the terms and procedures of the law you have created the respective contributions.
The beneficiary communities of agricultural and fisheries payroll contributions can also manage these resources through trust companies, by special agreement with the national government; This procedure shall also apply in cases of declaration of forfeiture of the respective management contract. Effective Jurisprudence
. The administrative entities of the Funds from agriculture and fishing payroll contributions may sue for enforcement proceedings before the ordinary courts the payment thereof. To this effect, the legal representative of each entity shall, according to the information that will provide the Ministry of Finance, the certificate which establishes the amount of the debt and its enforceability. Effective Jurisprudence
. The collector parafiscal resources not transferred promptly to the managing entity, shall pay default interest at the rate set for income tax and complementary.
ARTICLE 31. ASSIGNMENT OF RESOURCES. The resources generated by agriculture and fisheries payroll contributions should be invested in the agriculture or fisheries subsectors that provides, subject to the following objectives:
1. Research and technology transfer and technical advice and assistance.
2. Adequacy of production and sanitary control.
3. Organization and marketing development.
4. Export development and promotion of consumption.
5. Support for the regulation of supply and demand to protect producers against abnormal price fluctuations and provide them remunerative income.
6. economic, social and infrastructure programs for the benefit of the respective subsector.
ARTICLE 32 AGRICULTURAL FUNDS OR FISHERY PARAFISCAL. Resources from agriculture and fishing payroll contributions and assets formed by them constitute special funds in the administrative entities, which are obliged to handle them in separate accounts, so they are not confused with resources and own assets of such entities. Effective Jurisprudence
Parafiscal revenues Funds will be:
1. The product of agricultural and fisheries payroll contributions established by law.
2. Yields for the management of its resources, including financial.
3. Derivatives operations carried out with resources of the respective funds.
4. The proceeds of the sale or liquidation of its assets and investments.
5. Credit resources.
6. Donations or contributions they receive.
Resources parafiscal funds may only be used for the purposes outlined in the law establishing each contribution.
ARTICLE 33. BUDGET FUNDS PARAFISCAL agricultural and fisheries. The preparation, approval, execution, control, settlement and updating of the general budget of income and expenses Parafiscales Funds Agricultural and Fishery, be subject to the principles and rules contained in the law establishing the respective fiscal contributions and the special contract held for administration.
The administrators shall draw up annual budget of income and expenses, which must be approved by its governing bodies under the legal and contractual rules, with the favorable vote of the relevant Minister or his delegate, according to the law; said favorable vote does not imply obligations of the General Budget of the Nation for these items.
ARTICLE 34. The Government will monitor the obligation to pay or collect agricultural and fisheries payroll contributions fulfill their respective obligations persons. The law establishing each contribution will define the sanctions that may apply.
ARTICLE 35. All agricultural tax contributions and fishing existed prior to the effective date of the Constitution of 1991, are subject to what the law commands, without prejudice to the acquired rights and legal provisions governing and legally concluded contracts.
PRICE STABILIZATION FUNDS FOR AGRICULTURAL PRODUCTS AND FISHERY
ARTICLE 36. Without prejudice to the Agricultural and Fisheries Funds Parafiscales regulated in this Law, créanse Fund Price Stabilization of Agricultural Products and Fishery, special accounts, which are intended to ensure remunerative income for farmers regulate domestic production and increase exports, by financing stabilizing producer prices of such agricultural and fishery goods.
PARÁGRAFO. When the National Government considers it necessary organize Price Stabilization Funds Agricultural and Fisheries Products, within the rules set out in this Act.
Effective Decisions ARTICLE 37.
Price Stabilization Funds Agricultural and Fisheries Products that are organized from the effective date of this Act shall be managed as a special account by the administering professional association of agricultural subsector parafiscal Fund and corresponding fishing . These funds may also be administered by the Institute of Agricultural Marketing, IDEMA, as separate from its own resources, in the terms that the Government account.
These Funds may also be administered by other entities or through trust deeds, according to the decision to this effect taken by the Ministry of Agriculture.
PARÁGRAFO. The Government may transform current Stabilization Funds Export Price cocoa and cotton in Price Stabilization Fund of Agricultural and Fisheries Products, under the terms of this Act.
ARTICLE 38. The resources of the Funds Price Stabilization of Agricultural Products and Fishery come from the following sources:
1. Disposals of stabilization producers, sellers or exporters made pursuant to Article 40o. of this Law. Jurisprudence Effective
2. The sums that Parafiscales Funds Agricultural or Fisheries, which refers to Chapter V of this Law, intended for the Price Stabilization Fund of Agricultural and Fisheries Products.
3. The resources that they are appropriate in the national budget for capitalization.
4. The resources that give them public entities or natural or legal persons of private law, in accordance with the agreements concluded in this respect.
5. Income from temporary investments made with the resources of the Funds in debt securities issued, accepted, endorsed or guaranteed in any way by the Nation, or high yield securities, security and liquidity issued by the Bank Republic and other financial institutions. PARAGRAPH 1.
. Funds Products Price Stabilization Agricultural and Fisheries may receive loans from the national budget or national or international institutions credit. The Nation can guarantee these loans in accordance with the rules of public credit. PARAGRAPH 2.
. Assignments that the first paragraph of this article refers are payroll contributions. Effective Jurisprudence
ARTICLE 39. The composition of the Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery will be determined in each case by the national government, the same as the procedure and the period for which the producers, sellers and exporters, as appropriate, designate their representatives in them. When a Fund Price Stabilization of Agricultural Products and Fishery is incorporated as a special account to a parafiscal Fund Agriculture and Fisheries, the composition of the Steering Committee of that and majority rules will be the same as the body having charge of the approval budget or investment plan and quasi-fiscal expenditure Fund.
ARTICLE 40. PROCEDURE FOR THE OPERATIONS OF PRICE STABILIZATION FUNDS FOR AGRICULTURAL PRODUCTS AND FISHERY. The reference price or reference price band; the quotation price supply the relevant international markets; and the percentage of the difference between the two prices will be transferred to funds or compensate the producers, sellers or exporters shall be established by the steering committees of the Price Stabilization Fund of Agricultural and Fisheries Products.
Operations Fund Price Stabilization of Agricultural Products and Fishery be subject to the following procedure:
1. If the price of the international market for the product in question on the day the transaction is recorded in the Fund Price Stabilization of Agricultural Products and respective Fishery is below the reference price or lower limit of a price range reference, the Fund will pay to producers, sellers or exporters stabilization compensation. Such compensation shall be equal to a percentage of the difference between the two prices, fixed in each case by the Steering Committee with the favorable vote of the Minister of Agriculture or his delegate.
2. If the price of the international market for the product in question on the day the transaction is recorded in the respective Fund is higher than the reference price, or the upper limit of the range of reference prices, the producer, vendor or exporter will pay to the Fund an assignment of stabilization. Such assignment shall be equal to a percentage of the difference between the two prices set by the Steering Committee of the Fund, with the favorable vote of the Minister of Agriculture or his delegate.
3. With the resources of the funds may enter into hedging transactions to hedge against changes in external prices, in accordance with existing provisions or to that effect issued by the Board of the Bank of the Republic. Effective Jurisprudence
The Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery establish the methodology for calculating the reference price from the most representative price on the international market for each Colombian product, based on a moving average not less than the last 12 months nor exceed the previous 60 months.
The percentage difference between the two prices that will determine the respective assignments or offsets stabilization between Stabilization Funds and producers, sellers or exporters, as appropriate, shall be established by the Steering Committees of the Stabilization Funds within a maximum or minimum margin ranging between 80% and 20% for the respective product. PARAGRAPH 1.
. Assignments and compensation stabilization in this Article shall apply in all cases to export operations. Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery establish whether such assignments or compensation apply equally to domestic sales operations. PARAGRAPH 2.
. Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery may establish several reference prices or price bands of reference and different percentages of transfers or compensation, if differences in the qualities of the respective products or special conditions each market so warrant. Effective Jurisprudence
ARTICLE 41. The Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery determine the stage of the marketing process in which assignments and procedures and sanctions to ensure that they become effective apply. In the case of commercial operations which involved the Institute of Agriculture, IDEMA Marketing, assignments apply at the time of sale of the products.
ARTICLE 42. The Steering Committees of the Funds Price Stabilization of Agricultural Products and Fishery may deduct partially or completely of compensation for performing the equivalent of the Certificate of Tax Refund, CERT, if exports benefit from this incentive .
It also may partially or fully deduct the tariff preferences granted in export markets.
ARTICLE 43. The steering committees of the Price Stabilization Fund of Agricultural Products and Fishery exercise other functions to bring them to the national government in the regulation of this law or contractually stipulated with the managing entity.
ARTICLE 44. Each
Price Stabilization Fund of Agricultural Products and Fishery will have a technical secretary, who shall be appointed by the Steering Committee with the favorable vote of the Minister of Agriculture or his delegate. The technical secretary may also be the computer of expenses of the Fund.
The technical secretariats will be integrated with highly qualified professional staff, which permanently develop studies, proposals and technical evaluations required for operation and administrative efficiency Stabilization Funds. Operating costs and management costs will be funded from its own resources.