ANNOUNCED AS TEMPORARYNo
On 1 September 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 85 decreasing the import tariff on 9 tariff codes related to information technology goods to 2%. Out of the 9 items, 8 are new while the remaining 1 has been renewed. The measure took effect on 2 September 2015 and lasts until 31 December 2017.
The tariffs were reduced under Brazil's ex-tarifário regime which allows for a temporary customs duty exception to 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 introduced simultaneously with Camex Resolution no. 86 which reduces the tariff on capital goods (see measure no. 9787 under Related Measures). According to Camex, the imported IT and capital goods are worth USD 635 million and related to projects worth USD 2.9billion.
The main sectors affected by the imports are railway (50.16); energy (21.92); services (12.75); petrochemical (2.69); naval/nautical (2.69); logistics (2.16), and Capital Goods (1.03). The goods will be imported from the USA (35.95), China (25,666%), UK (12.29), France (6.28), and Germany (5.82). The beneficiaries are the federal states of Săo Paulo, Rio Grande do Sul, Rio de Janeira, Minas Gerais, and Ceará.
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