ANNOUNCED AS TEMPORARYNo
Import-related non-tariff measure, nes
On May 15, 2017, the Official Gazette of Brazil published the Resolution 11 issued by the National Council for Energy Policy, strengthening import requirements for sugarcane-based ethanol to protect domestic producers.
The new import regime requires importers to maintain minimum stock levels as well as the obligation to prove the ability to meet certain peak market demand. Before the change, only domestic producers were subject to these requirements. The stated goal of the regulation is to equalise the requirements regardless of origin.
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