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102007/TPT-WG29/MEG/003_v2

Most of the member economies have no subsidised commercial shipping lines.  

In Brunei, all Brunei foreign going vessel are exempt from tonnage tax and registration fee in the first year.  

Japan has a preferential measure for the fixed property tax and registration license tax for international ships in order to promote reflagging or maintain vessels under the Japanese flag.  

In Peru, the new law for the Promotion of the Peruvian Merchant Marine only excludes customs duties and value added tax (VAT) exemption for vessels purchase by a Peruvian Shipping Company.  

In the U.S, limited payments are made to selected vessel owners who agree to make their vessels available for national defence sealift purposes.

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