ANNOUNCED AS TEMPORARYNo
On 31 March 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 14 reducing the import tariff of five codes of the Mercosur Common Nomenclature (NCM). The tariffs were reduced from 16% and 14% to 2%. The goods in question were included in Camex resolution no. 116/2014 which regulates the import tariff of automotive parts and is based on the 38th Additional Protocol of the Economic Complementation Agreement (ACE) between Brazil and Argentina.
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