ANNOUNCEMENT 15 Aug 2012In August 2012, the government of Colombia announced a change in import duties.
NUMBER OF INTERVENTIONS
Decree No. 1703 of 2012 (in Spanish), https://www.google.ch/url?sa=t&rct=j&q=&esrc=s&frm=1&source=web&cd=2&cad=rja&ved=0CDkQFjAB&url=https%3A%2F%2Fwww.mincomercio.gov.co%2Fdescargar.php%3FidFile%3D3623&ei=OJqYUZ25L8rMtAaUs4HADA&usg=AFQjCNGCi8_HDeIO8UnDxpAAksFC26woHw&sig2=g_TgdYg2NOTTWSMF-KJnwA&bvm=bv.46751780,d.Yms
Ernst & Young's Trade Watch (in English), http://www.ey.com/Publication/vwLUAssets/TradeWatch_-_September_2012,_Volume_11,_Issue_3/$FILE/YY2748_TradeWatch_Sept2012.pdf
On 15 August 2012, the Ministry of Commerce, Industry and Tourism of the Republic of Colombia adopted Decree No. 1703, which established a zero per cent import duty for 3,095 tariff lines including fuels and lubricants, raw materials and equipment for use in the agricultural sector, machinery for use in the industry, transport equipment and construction materials for a period of one year. The measure partially amends Decree No. 4927 of 2011, which imposed import duties on the aforementioned 3,095 tariff lines.