IMPLEMENTATION LEVEL

Supranational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 16 Jul 2015 | Removal date: 31 Dec 2021
Still in force

Import tariff

On July 16, 2015, the Council of the Common Market of Mercosur issued Decision no. 27/15, allowing member states to temporarily increase their import tariffs above the Common External Tariff for imports from outside the Mercosur common market.

Member states can invoke this provision for up to 100 NCM tariff lines, for a maximum - but renewable - duration of twelve months.

This decision has to be incorporated to the Member State's legal systems before November 1, 2015, and will cease to be in force on 31 December 2021.

AFFECTED COUNTRIES

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