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Shearonink (talk | contribs) Changing short description from "Document issued by a national government authorizing the importation of certain goods into its territory" to "National government document authorizing the importation of goods" (Shortdesc helper) |
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{{Short description|National government document authorizing the importation of goods}}
{{Use American English|date=March 2021}}
An '''import license''' is a document issued by a national government authorizing the importation of certain goods into its territory. Import licenses are considered to be [[non-tariff barriers to trade]] when used as a way to discriminate against another country's goods in order to protect a domestic industry from foreign competition.▼
{{Use mdy dates|date=March 2021}}
{{More citations needed|date=June 2008}}
▲An '''import license''' is a document issued by a national government authorizing the importation of certain goods into its territory.
[[Category:International trade]]▼
Each license specifies the volume of imports allowed, and the total volume allowed should not exceed the [[Import quota|quota]]. Licenses can be sold to importing companies at a competitive price, or simply a set fee. However, it is argued that this allocation method provides incentives for political lobbying and bribery. Governments may put certain restrictions on what is imported as well as the amount of imported goods and services. For example, if a business wishes to import agricultural products such as vegetables, then the government may be concerned about the impact of such importations of the local market and thus impose a restriction.
==Système Intégré de Gestion de Licenses==
The '''Système Intégré de Gestion de Licenses''' (SIGL) is the [[European Union]] [[Directorate-General for Trade|Directorate General for Trade]]'s integrated IT system for the management of licences for imports of textiles, clothing, footwear, steel and wood to the EU.<ref>European Commission, [http://trade.ec.europa.eu/sigl/index.html Système Intégré de Gestion de Licenses], accessed 11 June 2018</ref>
==See also==
*[[Importation right]]
==References==
{{reflist}}
==External links==
* [http://www.wto.org/english/tratop_e/implic_e/implic_e.htm WTO: Trade Topics - Import Licensing Gateway]
[[Category:Import]]
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