ANNOUNCEMENT 27 Mar 2018
The Government of Brazil temporarily eliminated the import duties on 293 capital goods.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 23, de 27 de Março de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2003-resolucao-n-23-de-27-de-marco-de-2018
WTO. (26 July 2013). Trade Policy Review, Report by the Secretariat, Brazil. Report prepared for the sixth Trade Policy Review of Brazil. Document WT/TPR/S/283/Rev., p. 53, para. 3.38
Available at: https://www.wto.org/english/tratop_e/tpr_e/s283_e.pdf
On March 27, 2018, the Brazilian Foreign Trade Chamber (Camex) issued Resolution No. 23 eliminating the import tariffs on 293 capital goods enclosed in 135 eight-digits tariff lines. According to the WTO database, previous duties ranged between 3.5% and 16.67% depending on the product. These values apply until December 31, 2019.
The tariffs were reduced under Brazil's ex-tarifário regime, which allows temporary customs duty exceptions under the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
The measure was additionally introduced simultaneously with Camex Resolution No. 22 that reduces the tariff on IT and telecommunications products (see related state act). Both resolutions produce 331 ex-tarifários.