The new regulation of 11.9% is in place already. Hence the 'please do it manually'. But the delay at this point is just a proposal, which is awaiting approval.
Up to this point, this release won't exempt the positive list yet, unless the proposal of delaying it for 1 year gets approved. If it does, then yes? Those names you mentioned will be exempt. And will have 1 year period until may 11 2017 -to prepare whatever they have to such as register their product to be on the register list or what not.
My personal view is that this will get approved, as the customs don't even have the programs to do the process electronically. So this 1 year delay will get them prepared to design one.
But as we all know, if this delay is 1 year, onceven FTA kicks in, there really is just 1-2 year or 'tax period', can't remember if FTA kicks in during 2018 or 2019.
BAL Price at posting:
$11.02 Sentiment: Buy Disclosure: Held
