ANNOUNCEMENT 23 Jun 2016In June 2016, the government of Brazil announced a change in import tariff quotas.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council (Camex), Resolution No. 59 of 23 June 2016, published in the Official Gazette of 24 June 2016: http://www.camex.gov.br/legislacao/interna/id/1557
On 23 June 2016, the Brazilian Foreign Trade Council Camex issued Resolution No. 59 extending the inclusion of aluminium (not-alloyed) in the form of standard ingots, sow or T-bar on the List of Exceptions to the Common External Tariff. Whilst Resolution 68/2015 and 15/2016 (see related measures) would have lapsed on 17 August 2016, the tariff-rate quota is through this Resolution extended for an additional 12 months until 17 August 2017. The import duty remains at 0% whilst the quota is reduced from 550,000 tonnes to 240,000 tonnes compared to the previous year.