ANNOUNCEMENT 22 Jul 2013In July 2013, the government of Brazil announced a change in import tariff quotas.
NUMBER OF INTERVENTIONS
Camex resolution no. 55 of 22 July 2013 (in Portuguese): http://www.in.gov.br/visualiza/index.jsp?jornal=1&pagina=3&data=23/07/2013
Camex press release of 23 July 2013 (in Portuguese): http://www.camex.gov.br/noticias/ler/item/341
On 22 July 2013, the Brazilian Foreign Trade Council (Camex) decided to put backhoe loaders (NCM 8429.59.00) on the Mercosur List of Exceptions to the Common External Tariff (Letec) by labeling it as a non-tariff product ('ex-tarifário'). The Camex resolution no. 55/13 reduces the import tariff from 35% to 14% for a quota of 300 units. The tariff rate quota takes effect on 23 July 2013 and expires on 28 February 2014.