ANNOUNCEMENT 09 Sep 2016

The Government of Colombia introduced important amendments to the special import and export program known as "Plan Vallejo". The plan rebates certain duties for temporarily imported goods, such as capital goods, raw materials, inputs and spare parts.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 0 neutral
  • 2 liberalising

SOURCE

Ministry of Commerce, Industry and Tourism of Colombia. Ministerio de COmercio, Industria y Turismo de Colombia. Resolución 1649/2016. Available at: http://www.mincit.gov.co/loader.php?lServicio=Documentos&lFuncion=verPdf&id=4920&name=Resolucion_1649_del_31_de_agosto_de_2016.pdf

Ministry of Commerce, Industry and Tourism of Colombia. Ministerio de COmercio, Industria y Turismo de Colombia. Sistemas Especiales de Importación Exportación - Plan Vallejo. Available at: http://www.mincit.gov.co/loader.php?lServicio=Documentos&lFuncion=verPdf&id=78032&name=Presentacion_Plan_Vallejo_16-03-16.pdf&prefijo=file

Inception date: 09 Sep 2016 | Removal date: open ended

Import-related non-tariff measure, nes

On September 9, 2016, the Ministry of Commerce, Industry and Tourism of Colombia (MinCIT) adopted Resolution 1649/2016 modifying the legal framework of special import and export plan known as "Plan Vallejo". In the case of importers the key amendments relevant to the GTA are:

  • Documentation related to their application and its amendments can be submitted through a MinCIT online platform.
  • The administration time to assess the application has been set in one month.
  • Business associations can apply for the benefits related to the import of capital goods and spare parts.
  • Reactivation of the Assessment Committee, the institution responsible for adopting general application criteria for operations carried out under a Plan Vallejo and to decide about applications or requests.
  • Importers benefitting from Plan Vallejo only need to submit one residue control report concerning their residue destruction or recycling process.
  • Modification of the sanctions regime with the inclusion of administrative measures like the written reprimand, import suspension and program cancellation.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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Inception date: 09 Sep 2016 | Removal date: open ended

Export-related non-tariff measure, nes

On September 9, 2016, the Ministry of Commerce, Industry and Tourism of Colombia (MinCIT) adopted Resolution 1649/2016 modifying the legal framework of special import and export plan known as "Plan Vallejo". In the case of exporters the key amendments relevant to the GTA are:

  • All documents related to their application and its amendments may be submitted through a MinCIT online platform.
  • The administration time to assess the application has been set in one month.
  • Request to extend the time for proving compliance with export requirements must be submitted not later than 30 days before it is due.
  • Reactivation of the Assessment Committee, the institution responsible for adopting general application criteria for operations carried out under a Plan Vallejo and to decide about applications or requests.
  • Modification of the sanctions regime with the inclusion of administrative measures like the written reprimand, import suspension and program cancellation.
 
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