IMPLEMENTATION LEVEL

Supranational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 16 Dec 2010 | Removal date: 31 Dec 2022
Still in force

Import tariff

On December 16, 2010, the Council of the Common Market of Mercosur issued Decision no. 58/10, allowing member states to create a list of exceptions to the Common External Tariff for imports from outside the Mercosur common market.

Member states can create the list invoke as it follows:

  • Argentina and Brazil for up to 100 NCM tariff lines valid until December 31, 2015;
  • Paraguay for up to 649 NCM tariff lines until December 31, 2019;
  • Uruguay for up to 225 NCM tariff lines until December 31, 2017.

This decision has to be incorporated to the Member State's legal systems before June 30, 2011.

Update

On July 16, 2015, the Council of the Common Market of Mercosur issued Decision no. 26/15 updating the termination dates and Member States allowances. The new provisions are the following:

  • Argentina and Brazil for up to 100 NCM tariff lines valid until December 31, 2021;
  • Paraguay for up to 649 NCM tariff lines until December 31, 2023;
  • Uruguay for up to 225 NCM tariff lines until December 31, 2022;
  • Venezuela for up to 225 NCM tariff lines until December 31, 2022.

AFFECTED COUNTRIES

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