ANNOUNCEMENT 28 Mar 2016

In March 2016, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Development, Industry and Trade, press release of 28 March 2016 concerning Resolution No. 24 of 24.03.2016: http://www.mdic.gov.br/sitio/interna/noticia.php?area=5&noticia=14408

Camex resolution No. 24 of 24 March 2016, published in the Official Gazette of 28 March 2016: http://www.camex.gov.br/legislacao/interna/id/1520


Inception date: 28 Mar 2016 | Removal date: open ended
Still in force

Import tariff

On 28 March 2016, the Brazilian Foreign Trade Council (Camex) issued Resolution No. 24 revised the list of auto parts not produced in Brazil by including a number of new products to the list and reducing the import tariff to 2%. Subsequently, five products were removed from the list and are therefore no longer subject to a reduced tariff. These goods fall under tariff lines: 7608.20.90; 8412.21.10; 8481.80.92; 8505.19.90; and 9032.89.21.

The list was additionally revised by Resolution No. 23 published on the same day, see related measure. Both resolutions combined include 61 new products on the list reducing the tariff from 18%,16% and 14% to 2%. The goods in question were included in Camex resolution no. 116/2014 which regulates the import tariff of automotive parts and is based on the 38th Additional Protocol of the Economic Complementation Agreement (ACE) between Brazil and Argentina.
 
Affected trading partners are identified based on UN Comtrade's import data from 2014.

Inception date: 28 Mar 2016 | Removal date: open ended
Still in force

Import tariff

On 28 March 2016, the Brazilian Foreign Trade Council (Camex) issued Resolution No. 24 revised the list of auto parts not produced in Brazil by including a number of new products to the list and reducing the import tariff to 2%. Subsequently, five products were removed from the list and are therefore no longer subject to a reduced tariff. These goods fall under tariff lines: 7608.20.90; 8412.21.10; 8481.80.92; 8505.19.90; and 9032.89.21.

The list was additionally revised by Resolution No. 23 published on the same day, see related measure. Both resolutions combined include 61 new products on the list reducing the tariff from 18%,16% and 14% to 2%. The goods in question were included in Camex resolution no. 116/2014 which regulates the import tariff of automotive parts and is based on the 38th Additional Protocol of the Economic Complementation Agreement (ACE) between Brazil and Argentina.
 
Affected trading partners are identified based on UN Comtrade's import data from 2014.