IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 22 Aug 2013 | Removal date: 21 Nov 2013
Still in force

Import quota

On 21 August 2013, Colombia's Ministry of Commerce, Industry and Tourism adopted Decree no. 1789 suspending the preferential margin scheme stipulated in the ACE no. 59 agreement and instead introducing a temporary import quota on soy originating from Brazil. The preferential margins are part of the Economic Complementation Agreement no. 59 (ACE No. 59) with Ecuador, Argentina, Brazil, Paraguay and Uruguay.
 
Decree no. 1789 establishes the following measures:

  • Suspend, during a period of three months, the application of the tariff preference established under the ACE no. 59.
  • Introduce an import quota, equivalent to an annual volume of 21,619 kilos for HS code 1507.90.10.00and 6,804 kilos annually for HS code 1507.90.90.00. The soy originating from Brazil imported under this quota shall be subject to the preferential margin established in the ACE no. 59.

 
The measure came into force with its publication in the Official Gazette of 22 August 2013 (edition 48.890) and lasts until 22 November 2013.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1507 Soyabean oil and its fractions, whether or not refined, but not chemically modified.
150790 Other

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