- The Minister of Trade ("Trade") has released the most recently applicable packaging multiplier and regional multiplier factors (collectively referred to as "Factors") for the fulfillment of the Domestic Market Obligation ("DMO") for cooking oil through the issuance of Decree No. 1029 of 2024 ("Decree 1029/2024"), which has been in force since 14 August 2024. Previously, matters relating to said Factors were addressed under Decree of the Minister No. 943 of 2023 ("Decree 943/2023"), which has now been repealed and replaced.
- At its core, Decree 1029/2024 still features the applicable DMO packaging multiplier factors that apply to business actors who are planning to distribute cooking oil through the “MINYAKITA” brand name, as originally outlined under Decree 943/2023 (i.e. public cooking oil in pillow pack packaging – factor of 2.0 and non-pillow pack packaging – factor of 2.25). However, the new framework of Decree 1029/2024 has now adjusted the regional multiplier factors that apply within certain provinces to 1.30 and/or 1.50, as outlined comprehensively under the Appendix to Decree 1029/2024.
- Furthermore, newly featured under Decree 1029/2024, a multiplier factor of 1.2 has been set as an additional DMO fulfillment incentive for manufacturers of public cooking oil that distribute cooking oil via state-owned enterprises within the food sector and that are classified as Line 1 distributors.
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