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Table A3.2 Tax and customs incentives
TAX AND CUSTOMS INCENTIVES
1. 2009-2015 INVESTMENT PACKAGE
(...)
Accelerated depreciation
100% write-off will be available in the year the expenditure was incurred on water storage facilities and renewable energy plant and machineries.
(...)
4. AGRICULTURAL INCENTIVES
Biofuel production
10 year tax holiday is available to a taxpayer undertaking a new activity in processing agricultural commodities into biofuels as approved by the Commissioner from 1 January 2009 to 31 December 2014. To qualify, the taxpayer must have:

- Minimum level of investment of F$1,000,000; and
- Employ 20 local employees or more for every income year.

Duty free importation of plant, machinery and equipment for initial establishment of the factory.
Duty free importation of chemical required for biofuel production.

5. SMALL AND MICRO ENTERPRISES
Income tax exemption to be applicable to selected sectors with maximum turnover threshold of F$500,000. The sectors include:
(...)
- Supportive projects to tourism industry (flora, fauna and other natural characteristics of Fiji; and history, traditions, cultures and ways of life of its peoples).
(...)
8. MANUFACTURERS INCENTIVES
(...)
Renewable energy projects and power co-generation
5-year tax holiday is available to a taxpayer undertaking a new activity in renewable energy projects and power co-generation as approved by the Commissioner.
Duty free importation of renewable energy goods is also available.
(...)
10. OTHER CUSTOMS CONCESSIONS
Newly introduced concessions
(...)
- Items: Promote domestic fishing industry
- Descriptions: Exemption of bunker fee of 2 cents/litre for local fishing vessels; Duty concession on specialized fishing items/equipment which are currently not covered under the existing concession for the fishing industry.
(...)

Table A3.3 Goods and services under price control
(...)
Description - Specifications
Water & sewerage - Domestic sewage; Liquid trade waste
(...)

The Investment Incentive Program aims to (...) promote investments for clustering and environment protection for the production and export-oriented growth strategy in line with the projected targets in Development Plans and Annual Programs as well as international agreements.

Turkey has officially taken part in the negotiations on Environmental Goods Agreement (EGA), with the aim of eliminating tariffs on a list of products agreed as environmental goods, since the 5th Round of talks that has been held in March 2015.Turkey believes that EGA will have a positive impact that will go beyond just export and import liberalization in environmental goods. It will also facilitate the process for renewable energy investments, technology transfer and capacity building.

Besides, Turkey believes that an agreement on liberalizing trade in environmental goods will contribute to our efforts in meeting the challenges of climate change, reaching the sustainable development goals recently accepted, as well as strengthening the multilateral trading system as a whole.

The Framework Agreement includes rules and procedures under 8 chapters, namely Initial Provisions, Intellectual Property Rights, Competition, Transparency, Trade and Sustainable Development, Dispute Settlement, Institutional Provisions and Exceptions and Final Provisions.

At the current stage, the FTA covers only market access issues; nevertheless the FTA stipulates that the Parties will begin the negotiations on trade in services and exploratory talks on investments one year later after the entry into force of the agreement. Moreover, the FTA contains an economic and technical cooperation chapter, which envisages that the Parties will give efforts to enhance their cooperation in certain areas and sectors including (...) environment (...)

In revision process, parties are aiming at revision of the existing chapters of the FTA, namely trade in goods and related areas (such as technical barriers to trade, sanitary and phytosanitary measures, trade remedies), intellectual property rights, competition and horizontal and legal provisions, as well as to enhance the scope of the FTA by including new chapters, concerning trade in services, trade facilitation and trade and sustainable development therein.

Trade as a means of boosting global growth and sustainable development was the integral part of all these main themes. Thus, in parallel to Turkey’s overall theme under its G-20 Term Presidency, trade agenda has been shaped in full consideration with the current conjuncture in global trade.

(...) Further, to increase energy security, Turkey intends to increase electricity generation from domestic coal production. The Renewable Energy Sources (RES) Law No. 5346 provides purchasing guarantees to electricity produced from certain renewable resources at differentiated prices for a period of 10 years.