ANNOUNCEMENT 05 Oct 2012In October 2012, the government of Brazil announced a change in import tariff quotas.
NUMBER OF INTERVENTIONS
CAMEX Resolu??o 72/2012: http://www.camex.gov.br/legislacao/interna/id/989
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. 72/2012, in which the import tariffs on stretch-thinned polypropylene film (NCM 3920.20.19, previously at 16%) and on synchronised cargo lifting modules with a maximum capacity of 100 tonnes (NCM 8428.90.90, previously at 14%) were temporarily reduced to 2%, under import quotas of 960 tonnes and 6 units, respectively.
The measure entered into force on October 5th, 2012, the new tariff on polypropylene film is applicable for 180 days (i.e. until April 2nd, 2013) and that on cargo lifting modules 60 days (i.e. until December 3rd, 2012).