ANNOUNCEMENT 23 Nov 2016

The Brazilian Government announced the elimination of the import tariff on Dengue vaccines.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resoluçao 123 de 23 de Novembro de 2016 (published in the Official Gazette on November 28, 2016). Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/1751-resolucao-n-123-de-23-de-novembro-de-2016

Ministry of Industry, Foreign Trade and Services of Brazil. Ministério da Industria, Comércio Exterior e Serviços. Lista de Exceções à TEC. Available at: http://www.mdic.gov.br/legislacao/9-assuntos/categ-comercio-exterior/391-certificado-form-61

Inception date: 28 Nov 2016 | Removal date: 27 Nov 2017

Import tariff

On November 23, 2016, The Brazilian Foreign Trade Council (Camex) issued Resolution 123 temporarily reducing from 2% to 0% the import tariff on vaccines against Dengue (NCM 3002.20.29). This change applies for twelve months starting on November 28, 2016.

List of Exceptions to the Common External Tariff
The tariff codes were included in the List of Exceptions to the Common External Tariff (LETEC) of Mercosur, which is a mechanism that allows member states of Mercosur to apply customs duties that are lower or higher than otherwise listed in the Mercosur Common External Tariff schedule.

However, the tariffs shall not surpass the ceilings given by the WTO. Mercosur Decision CMC no. 26/15 gives Brazil the right to maintain a list of 100 codes based on the Mercosur Common Nomenclature until 31 December 2021.

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