ANNOUNCEMENT 15 Jul 2019

The Executive body of MERCOSUR decided to reduce the import duties set on three tariff lines.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

MERCOSUR. Grupo del Mercado Común. Resolución 031/2019. Available at: https://normas.mercosur.int/simfiles/normativas/73861_RES_031-2019_ES_Modif%20NCM%20y%20AEC.pdf

Inception date: 01 Jan 2020 | Removal date: open ended

Import tariff

On 15 July 2019, the Group of MERCOSUR has adopted Resolution 031/2019 reducing the import duty on sodium dichromate, formic acid and ametrine. The affected products are classified under tariff lines 2841.30.00, 2915.11.00 and 2933.69.91. The new import tariff duty has been reduced from 10%, 12% and 14% to 2% respectively. 

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.

AFFECTED SECTORS

 

AFFECTED PRODUCTS