ANNOUNCEMENT 27 Jun 2019
The Trade Commission of MERCOSUR has adopted new legislation allowing Argentina to set again a temporary tariff-rate quota on certain polymers of vinyl chloride.
NUMBER OF INTERVENTIONS
MERCOSUR. Comisión de Comercio. Directiva Nº 35/19. Available at: https://normas.mercosur.int/simfiles/normativas/73616_DIR_035-2019_ES_Acciones%20Puntuales%20Ambito%20Arancelario_NCM%203904.10.20%20AR.pdf
WTO Tariff Download facility, http://tariffdata.wto.org (Downloaded on 27 August 2019)
On 27 June 2019, the Trade Commission of MERCOSUR has adopted Directive 35/19 allowing Argentina to establish again a temporary 2% import duty on certain polymers of vinyl chloride.
The new legislation affects products classified under tariffs subheading NCM 3904.10.20 for a quota of 5,000 tonnes and only applies for a period of 12 months.
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 14%.
The new 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.