ANNOUNCEMENT 15 Jul 2019
The Executive body of MERCOSUR decided to reduce the import duties set on three tariff lines.
NUMBER OF INTERVENTIONS
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
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.