ANNOUNCEMENT 25 Jul 2012In July 2012, the government of Brazil announced a change in import duties.
NUMBER OF INTERVENTIONS
CAMEX Resolu??o 51/2012: http://www.camex.gov.br/legislacao/interna/id/940
WTO-UNCTAD-OECD Eighth Report on G20 Trade and Investment Measures, mid-May to mid-October 2012: http://www.oecd.org/daf/internationalinvestment/8thG20report.pdf
The Brazilian Chamber of Commerce (CAMEX) has issued Resolution no. 51/2012, in which the import tariff on vegetable fats and oils, and their fractions (NCM 1516.20.00) was temporarily reduced to 2% (from 10%), under an import quota of 750 tonnes.
The measure entered into force on July 25th, 2012, the new tariffs are applicable for 12 months.