ANNOUNCEMENT 05 Jun 2019
The Executive body of MERCOSUR decided to reduce the import duties set on four tariff lines.
NUMBER OF INTERVENTIONS
MERCOSUR. Grupo del Mercado Común. Resolución 008/2019. Available at: https://normas.mercosur.int/simfiles/normativas/73289_RES_008_2019_ES_Modif%20NCM.pdf
Official Gazette of Brazil. Diário Oficial da União. Resoluçao Nº 25 de 1 de Abri de 2020. Available at: http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=03/04/2020&jornal=515&pagina=61
On 5 June 2019, the Group of MERCOSUR has adopted Resolution 008/2019 reducing the import duty on dimethylamine, monoethylamine, propylamine and monoisopropylamine. The affected products are classified under tariff lines 2921.11.21, 2921.19.11, 2921.19.22 and 2921.19.23.
The new import tariff duty has been reduced from 12% and 14% to 2% depending on the product.
The new import duty only affects countries outside the MERCOSUR trading area.
The new import duties are to enter into force on 1 January 2020.
On 3 April 2020, the Brazilian Foreign Trade Chamber (Camex) adopted Resolution Nº 25 terminating the reduced import tariff set on tariff line 2921.19.11 starting on 1 May 2020.