ANNOUNCED AS TEMPORARYNo
On 5 November 2010, the Government of Colombia published Decree 4115 that reduces the Most Favored Nation (MFN) import duties applicable to products classified under 78 ten-digits tariff lines of Chapter 87.
The changes implemented decreased the import duties by a percentage ranging between 5% and 20%. The new import tariffs were reduced from values ranging between 10% and 35% to values ranging between 5% and 15%.
These amendments entered into force on 5 November 2010.
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