Tuesday, July 10, 2007

Burundi cuts duties to safeguard fuel imports

(Reuters) - Burundi's government halved customs duties on imports of oil products on Tuesday, a day after importers warned they would stop supplying the central African country with fuel if local prices were not raised.

"The government has reduced custom duties on imported oil to 10 percent from 20 percent to minimise the impact of the oil crisis on consumers, but also to encourage oil companies to import fuel normally," Trade Minister Donatien Nijimbere said.


Read more at Reuters Africa

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