ANNOUNCEMENT 05 Oct 2018
The Government of Brazil eliminated the import duties on 223 capital goods.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 73 de 5 de Outubro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2108-resolucao-n-73-de-05-de-outubro-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 5 October 2018, the Brazilian Foreign Trade Chamber (Camex) issued Resolution No. 73 eliminating the import tariffs on 323 capital goods enclosed in 125 eight-digit tariff lines. According to the WTO database, previous duties ranged between 3.5% and 35% depending on the product. These values apply until 30 June 2020.
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. 72 that reduces the tariff on IT and telecommunications products (see related state act). Both resolutions produce 335 ex-tarifários.