ANNOUNCEMENT 28 Mar 2016In March 2016, the government of Brazil announced a change in import tariff quotas.
NUMBER OF INTERVENTIONS
Ministry of Development, Industry and Trade, press release of 28 March 2016 concerning Resolution No. 28 of 24.03.2016: http://www.mdic.gov.br/sitio/interna/noticia.php?area=5¬icia=14409
Camex resolution No. 28 of 24 March 2016, published in the Official Gazette of 28 March 2016: http://www.camex.gov.br/legislacao/interna/id/1524
On 28 March 2016, the Brazilian Foreign Trade Council (Camex) issued resolution no. 28 altering the tariff-rate quota on methanol which carries the Mercosur Common Nomenclaure (NCM) 2905.11.00. The quota was reduced from 600'000 tonne to 250'000 tonne.
The reduction of the import tariff on the subject good from 12% to 0% is extended for an additional period from 4 April 2016 until 3 October 2016.
For its preceding tariff-rate quota measure, please check measure no. 9518 under Related Measures.