Global Trade Alert

On August 4th, 2015, the Brazilian authorities decided, for reason of publich interest, to suspend the current antidumping and countervailing measures currently imposed on imports needed for the preparation and completion of the 2016 Olympic and Paralympic Gameso that will be organised in Rio (Resolution No. 77, 04.08.2015). Moreover, the Brazilian authorities also announced that no provisional measures will be imposed in current investigations related to those goods.
The products subject to this measure are as follows according to Law No. 12.780 (dated January 9th, 2013 and published in the Federal Official Gazette of Brazil on January 10th, 2013) completed by Decree No. 8.463 (dated June 5th, 2015 and published in the Federal Official Gazette of Brazil on June 8th, 2015):

• trophies, medals, plaques, figurines, badges, pennants, flags and other commemorative objects; - promotional material, brochures and other goods with similar purpose, to be freely distributed or used in events;
• other non-durable goods (i.e. whose useful life is up to one year), of the type and in quantities typically consumed during sport events of the same magnitude;
• all matters related to the temporary supply of electricity in the concession areas where the Olympic and Paralympic Games 2016 will be held.

The suspension entered into force on the day of the publication of the resolution in the Federal Official Gazette of Brazil, i.e. on August 5th, 2015, and will hold until December 31st, 2016.
 
Since the definition of products that might be eligible to suspension of duty is very broad and might be subject to interpretation, many currently enforced measures registered in the GTA database might be suspended. The potentially affected measures (with no guarantee that each of those measures will be indeed suspended) are the following: 9897, 9416, 8679, 8098, 7996, 7751, 7611, 7610, 6874, 6873, 6072, 6070, 6054, 6053, 6036, 5987, 5986, 5014, 4049, 3566 and 3107.
According to this inventory of potentially affected trade defence measures, the following countries might be the (positively) affected trading partners according to the GTA methodology: Argentina, Bahrain, Chile, China, Chinese Taipei, Egypt, European Union, Finland, India, New Zealand, Pakistan, Paraguay, Peru, Republic of Korea, Thailand, Ukraine, United Arab Emirates, United Kingdom, United States of America and Uruguay.