ANNOUNCED AS TEMPORARYYes
On 23 June 2016, the Brazilian Foreign Trade Council (Camex) issued Resolution No. 56 decreasing the import tariff on a number of products from the IT and telecommunications sector to 2%. The measure entered into force on 24 June 2016 and is in force until 31 December 2017.
On the same day, Resolution No. 48 additionally reduced the import tariff on a number of products from the IT and telecommunications sector, see related measure. The Camex Resolutions No. 48 and 56 reduces the import tariff of 42 products from the IT and telecommunications sector. Of these goods, 10 are extended and the remaining 32 are new.
The tariffs were reduced under Brazil's ex-tarifário regime, which allows temporary customs duty exceptions under the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
The measure was additionally introduced simultaneously with Camex Resolution No. 47 and 55 that reduces the tariff on capital goods (see related measures). All four resolutions produce 811 ex-tarifários.
Affected sectors and countries of origin according to Camex
The main affected sectors by all four measures are energy (25.07%); capital goods (14.86%); rail (11.49%); services (5.82%); food (4.48%); medical and hospital (3.76%) and mining (3.73%).
The products' country of origin by all four measures are China (33.65%); United States (19.81%); Germany (14.68%); Italy (6.96%); Austria (3.57%); Sweden (3.32%); Switzerland (3.17%); France (2.16%) and the Netherlands (1.98%).
Affected trading partners are identified based on UN Comtrade's import data from 2014.
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