ANNOUNCEMENT 30 May 2019
The Trade Commission of MERCOSUR has adopted new legislation allowing Argentina to set a temporary tariff-rate quota on Polyethylene.
NUMBER OF INTERVENTIONS
MERCOSUR. Comisión de Comercio. Directiva Nº 14/19. Available at: https://normas.mercosur.int/simfiles/normativas/73175_DIR_014-2019_ES_Acciones%20Puntuales%20Ambito%20Arancelario_NCM%203901.20.29%20AR.pdf
WTO Tariff Download facility, http://tariffdata.wto.org (Downloaded on 2 June 2019).
On 30 May 2019, the Trade Commission of MERCOSUR has adopted Directive 14/19 allowing Argentina to establish a temporary 2% import duty on organoleptic Polyethylene.
The new legislation affects products classified under tariffs subheading NCM 3901.20.29 for a quota of 1,715 tonnes. Previously to this legislation, no tariff rate quota applied to this product.
According to the WTO tariff download facility, the applicable import tariff outside the quota is 8%.
Directive 14/19 only applies to Argentina for a period of 6 months.