ANNOUNCEMENT 23 May 2019

The Government of Argentina has changed the list of auto-parts not produced locally that enjoy a reduced import duty. The amendments have led both to import tariff increases and reductions. 

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Official Gazette of Argentina. Boletín Oficial de la Federación. Ministerio de Producción y Trabajo. Resolución 93/2019. Available at: https://www.boletinoficial.gob.ar/detalleAviso/primera/208104/20190524

Ministry of Production and Employment. Ministerio de Producción y Empleo. "Se redujeron aranceles para la importación de autopartes que no se producen en el país" de 23 de mayo de 2019. Available at: https://www.argentina.gob.ar/noticias/se-redujeron-aranceles-para-la-importacion-de-autopartes-que-no-se-producen-en-el-pais

Official Gazette of Argentina. Boletín Oficial de la Federación. Ministerio de Producción, Secretaría de Industria. Resolución 67/2018. Available at: https://www.boletinoficial.gob.ar/#!DetalleNorma/188259/20180719

Inception date: 08 Jun 2019 | Removal date: open ended
Still in force

Import tariff

On 24 May 2019, the Ministry of Production and Employment of Argentina has adopted Resolution 93/2019 amending the list of auto-parts not locally produced that enjoy a reduced import duty. 

As a consequence of the changes introduced, the import duties of six tariff lines have been increased from 2% to values ranging between 11.33% and 21% depending on the product.

The new legislation enters into force on 8 June 2019.

 
The regime of not locally produced auto-parts
The regime of reduced import duties for not-locally produced auto-parts applies to imports from countries outside Mercosur and it is the result of the XXXVIII Additional Protocol to the Economic Complementation Agreement Nº 14 signed between Argentine and Brazil in June 2008.
 
Under this scheme, Mercosur countries can identify automobile parts and components that are not produced in the region and reduce their import duties to 2%. However, if local regional production of those products starts, the affected goods are removed from the list of benefiting products and the Common External Import Tariff is restored.
 
This regime has a temporary character and applies until 30 June 2020.

AFFECTED SECTORS

 
Inception date: 08 Jun 2019 | Removal date: 30 Jun 2020
Still in force

Import tariff

The amendments that have been introduced to the list of auto-parts not locally produced by the Ministry of Production and Employment of Argentina in Resolution 93/2019 on 24 May 2019, have also led to the decrease in the import duties of 29 tariff lines.

According to the WTO import tariff database, the new import duties have been reduced from values ranging between 10% and 18% to 2%.

The new legislation enters into force on 8 June 2019.

 
The regime of not locally produced auto-parts
The regime of reduced import duties for not-locally produced auto-parts applies to imports from countries outside Mercosur and it is the result of the XXXVIII Additional Protocol to the Economic Complementation Agreement Nº 14 signed between Argentine and Brazil in June 2008.

Under this scheme, Mercosur countries can identify automobile parts and components that are not produced in the region and reduce their import duties to 2%. However, if local regional production of those products starts, the affected goods are removed from the list of benefiting products and the Common External Import Tariff is restored.

This regime has a temporary character and applies until 30 June 2020.