ANNOUNCEMENT 24 May 2017
The Trade Commission of MERCOSUR has adopted new legislation allowing Argentina to set a temporary tariff-rate quota on viscose rayon fibres.
NUMBER OF INTERVENTIONS
MERCOSUR. Comisión de Comercio. Directiva Nº 39/17. Available at: https://normas.mercosur.int/simfiles/normativas/65440_DIR_039-2017_ES_AccionesPuntualesAmbitoArancelario_NCM%205504.10.00%20AR--.pdf
WTO Tariff Download facility, http://tariffdata.wto.org (Downloaded on 24 June 2019).
On 24 May 2017, the Trade Commission of MERCOSUR has adopted Directive 39/17 allowing Argentina to establish a temporary 2% import duty on viscose rayon fibres.
The new legislation affects products classified under tariffs subheading NCM 5504.10.00 for a quota of 6,000 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 12%.
Directive 39/17 only applies to Argentina for a period of 12 months.
This legislation only affects countries outside the MERCOSUR.
Since 2014, all Directives adopted by the MERCOSUR concerning import tariff quotas adopted under the policy framework established by Resolution GMC 08/08 are adopted by a simplified procedure not requiring its publication on the Official Gazette.