ANNOUNCEMENT 07 Dec 2018
The Government of Brazil eliminated the import duties on 535 capital goods.
NUMBER OF INTERVENTIONS
Brazilian Foreign Trade Council. Câmara de Comércio Exterior. Resolução 96 de 7 de Dezembro de 2018. Available at: http://www.camex.gov.br/component/content/article/62-resolucoes-da-camex/em-vigor/2155-resolucao-n-96-de-07-de-dezembro-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 7 December 2018, the Brazilian Foreign Trade Chamber (Camex) has adopted Resolution No. 96 eliminating the import tariffs on 535 capital goods enclosed in 197 eight-digit tariff lines. According to the WTO database, previous duties ranged between 3.5% and 16.22% depending on the product. These values enter into force on 7 Decem ber 2018 and 1 January 2019 and apply until 31 December 2019 and 30 June 2020, depending on the capital good.
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. 95 that reduces the tariff on IT and telecommunications products (see related state act). Both resolutions produce 576 ex-tarifários.