ANNOUNCEMENT 18 Jan 2013In January 2013, the government of Brazil announced a change in import tariff quotas.
NUMBER OF INTERVENTIONS
Camex press release of 18 January 2013 (in Portuguese): http://www.camex.gov.br/noticias/ler/item/281
Camex resolution no. 1 of 17 January 2013 (in Portuguese): http://www.in.gov.br/visualiza/index.jsp?jornal=1&pagina=2&data=18/01/2013
On 18 January 2013, the Brazilian Foreign Trade Council (Camex) published resolution no. 01/13 reducing the import tariff on partially oriented yarn, i.e., polyester (NCM 5402.46.00). The measure, which constitutes a tariff-rate quota (TRQ), reduces the tariff from 18% to 2% and is limited to an amount of 88'000 tons.
The measure is valid for 180 days, i.e., from 18 January 2013 until 18 June 2013.