Call for end to RCN taxThis article was originally published in Foodnews
THE Vietnam Cashew Association (VINACAS) has sought a reduction of tariffs on raw cashew imports, as domestic supplies cannot meet processors' demands. Vietnam currently imports raw cashew nuts (RCN) from Indonesia, Cambodia and Africa to keep its processing plants in operation. Vietnamese importers currently pay a tariff of 57% on imported RCN. However, cashew processors in India, Vietnam's arch-rival, pay nothing.