ANNOUNCEMENT 03 Aug 2018
The Brazilian government reduced the import duty on sardines on a certain quota.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 51 de 3 de Agosto de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2064-resolucao-n-51-de-03-de-agosto-de-2018
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 82, de 25 de Outubro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2128-resolucao-n-82-de-25-de-outubro-de-2018
On 3 August 2018, the Brazilian Foreign Trade Chamber (Camex) issued Resolution No. 51 temporarily eliminating the import tariff on sardines classified under tariff subheading 0303.53.00. This import duty applies for a quota of 50,000 tonnes and is valid for a six-month period.
According to the WTO tariff database, the import duty applicable outside the quota is 10%.
Previously to this resolution, no import tariff quota applied to this product.
On 25 October 2018, the Brazilian Foreign Trade Council has adopted Resolution 82 revoking 124 resolutions including this one.