ANNOUNCED AS TEMPORARYNo
On December 7, 2009, the Common Market Council of MERCOSUR issued Decision 26/09 modifying the External Common Tariff on textile and textile products. The changes introduced had to be implemented by the Member States before January 31, 2010.
According to the WTO, the new changes represented an increased on the import tariffs on these goods, now set at 18% and 26%. In addition, the internatinal organisation explained that MERCOSUR gave a waiver to Paraguay and Uruguay.
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