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Global Trade Alert

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Colombia: Introduction of Rural Capitalization Incentive

Description

On 26 September 2023, the Ministry of Agriculture and Rural Development allocated COP 100 billion (USD 25.6 million) to the implementation of the Rural Capitalization Incentive (ICR), an instrument wh...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Sep 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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