ANNOUNCED AS TEMPORARYYes
On 14 August 2015, the Colombian Executive has adopted Decree 1625/2015 extending for another two years the duty-free import duty set on multiple goods when Decree 1755/2013 was adopted on 15 August 2013. The new list includes certain amendments and has extended the 0% import duty on another 114 tariff lines. As a consequence, the import tariff on the affected products has been decreased from values set at 5%, 10% and 15% to 0%.
The new list has a temporary character and is due to terminate on 15 August 2017.
This Decree is to enter into force on 16 August 2015.
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