ANNOUNCEMENT 03 Apr 2012In April 2012, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3296 of 23 March 2012, published in Official Gazette of 3 April 2012: http://www.infoleg.gob.ar/infolegInternet/anexos/195000-199999/195788/norma.htm
Managed Exports and the Recovery of World Trade: The 7th GTA Report (Chapter 4, p. 55): http://www.globaltradealert.org/managed-exports-7th-gta-report
2014 National Trade Estimate Report on Foreign Trade Barriers (pp. 20-21): http://www.ustr.gov/about-us/press-office/reports-and-publications/2014-NTE-Report
On April 3, 2012, the Government of Argentina introduced reference prices applicable to the importation of certain types of woven fabrics of cotton from Brazil, China and other countries.
The products subject to this measure are classified under the following tariff lines of the MERCOSUR's Harmonized System: 5211.12.00, 5211.20.20, 5211.32.00, 5211.39.00, 5211.42.10, 5211.42.90 and 5211.43.00.
These reference prices were effective April 5, 2012.
Argentina introduced reference values of precautionary nature forimported goods in June 2005 (in Spanish: valorescriteriodecarácterpreventivo). The statedpurpose is tostrengthencustomscontrolandpreventunder-invoicing. Importersarerequired toprovideguaranteesfor thedifference indutiesandtaxesifthedeclaredprice ofanimport islowerthanitsreferenceprice(see 7th GTA Report and 2014 National Trade Estimate Report).A list with all current import reference prices can be consulted under:www.afip.gov.ar/aduana/valoracion/valores.criterios.pdf
The Global Trade Alert designates countries as affected trading partners whose bilateral trade with the implementing jurisdiction has exceeded the minimum threshold of USD 1 million in the year prior to the imposition of a measure. Therefore, the affected countries enumerated by the Argentine government may not overlap completely with those identified by the GTA.