ANNOUNCEMENT 29 Mar 2017
The Trade Commission of MERCOSUR has adopted new legislation allowing Argentina to set a temporary tariff-rate quota on Pentaerythritol tetrakis(3-mercaptopropionate).
NUMBER OF INTERVENTIONS
MERCOSUR. Comisión de Comercio. Directiva Nº 09/17. Available at: https://normas.mercosur.int/simfiles/normativas/64785_DIR_009-2017_ES_AccionesPuntualesAmbitoArancelario_NCM%202918.29.40%20AR.pdf
WTO Tariff Download facility, http://tariffdata.wto.org (Downloaded on 14 June 2019).
On 29 March 2017, the Trade Commission of MERCOSUR has adopted Directive 09/17 allowing Argentina to establish a temporary 2% import duty on Pentaerythritol tetrakis(3-mercaptopropionate) classified under tariffs subheading NCM 2918.29.40.
The new import duty applies for a quota of 850 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 6.4%.
Directive 09/17 only applies to Argentina for a period of 12 months.