ANNOUNCEMENT 08 May 2010

In May 2010, the Mercosure members announced a change in the required local inputs to serve domestic customers.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Mercosur Directive no. 15/13: gd.mercosur.int/SAM/GestDoc/PubWeb.nsf/OpenFile?OpenAgent&base=SAMGestDocDocOfic0Arch.nsf&id=CD975B97D85C4AE583257B6A006D91FB&archivo=DIR_015-2013_PT_Adequa%E7%E3oRequisitosEspecifOrigem.pdf

The Brazil Business: http://thebrazilbusiness.com/article/mercosul-customs-advantages


Inception date: 30 Nov 2013 | Removal date: open ended
Still in force

Local sourcing

On 8 May 20103, the Mercosur Commission for Commerce adopted Directive no. 15/13 which introduces four new NCM tariff lines (Mercosur Nomenclature) for which there is a 60% regional content requirement:

  • NCM 5402.33.10
  • NCM 5402.33.20
  • NCM 5402.33.90
  • NCM 8431.49.23

 
In order to benefit from the preferential treatments by the Mercosur agreements, the products to be exported must have a proper Certificate of Origin. According to the Regime of Origin, for products to be considered from Mercosur, 60% of their inputs must be produced inside the country.
 
The measure took effect on 30 November 2013 the latest.

AFFECTED SECTORS