ANNOUNCEMENT 25 Nov 2014

In November 2014, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Ministry of Development, Industry and Trade, news item of 26 November 2014: http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=13505

Camex resolution no. 113 of 25 November 2014, published in Official Gazette of 26 November 2014: http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?jornal=1&pagina=9&data=26/11/2014

WTO. (26 July 2013). Trade Policy Review, Report by the Secretariat, Brazil. Report prepared for the sixth Trade Policy Review of Brazil. Document WT/TPR/S/283/Rev., chapter 3, p. 53: https://docs.wto.org/dol2fe/Pages/FE_Search/FE_S_S009-DP.aspx?language=E&CatalogueIdList=118423,117449,116768,69487,72511,66569,44287,2296,16131,36240&CurrentCatalogueIdIndex=0&FullTextSearch=


Inception date: 26 Nov 2014 | Removal date: open ended
Still in force

Import tariff

On 25 November 2014, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 113 decreasing the import tariff on 18 goods belonging to the IT-sector from 16% to 2%. Out of the 18 goods, the tariff for one item has been renewed. The measure took effect on 26 November 2014 and lasts until 31 December 2015.
 
The tariffs were reduced under Brazil's ex-tarifário scheme which allows capital and IT-goods a temporary customs duty exception to the Mercosur Common External Tariff. Such an exception can be invoked in case the good in question has no domestically produced equivalent (see WTO Trade Policy Review). The measure was introduced simultaneously with Camex Resolution no. 114 which reduces tariffs on capital goods (see 'Related Measures' or measure no. 8693).