ANNOUNCEMENT 11 Jul 2013

The Common Market Council of Mercosur allowed to Venezuela to reduce the External Common Tariff set on peaches.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 11 Jul 2013 | Removal date: 31 Dec 2014
Still in force

Import tariff

On July 11, 2013, the Common Market Council of Mercosur (Consejo Mercado Común del Mercosur) issued Decision No. 14/13 allowing Venezuela to reduced the import tariffs on HS Codes 2008.70.10, 2008.70.20 and 2008.70.90. The new import duties were set at 20% fo HS Code 2008.70.20 and 14% for the rest. The previous import duty corresponded to the values set at Mercosur's Common External Tariff (35%).

The new provision had to be incorporated into Venezuela's legal system before January 1, 2014, and the termination date was set on December 31, 2014.

This Decision is related to Decision 39/12 issued by the Common Market COuncil of Mercosur (see related state acts).

AFFECTED SECTORS

 

AFFECTED PRODUCTS