ANNOUNCEMENT 22 Jul 2015

In July 2015, the government of Brazil announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Camex Resolution no. 64 of 22 July 2015, published in the Official Gazette of 23 July 2015, pp. 6-19: http://pesquisa.in.gov.br/imprensa/jsp/visualiza/index.jsp?data=23/07/2015&jornal=1&pagina=6&totalArquivos=120

Ministry of Development, Industry and Trade (MDIC), press release of 23 June 2015 on Camex Resolutions no. 63 and no. 64: http://www.mdic.gov.br/sitio/interna/noticia.php?area=1&noticia=13930

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., p. 53, para. 3.38: https://www.wto.org/english/tratop_e/tpr_e/s283_e.pdf


Inception date: 23 Jul 2015 | Removal date: 21 Dec 2016
Still in force

Import tariff

On 22 July 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 64 decreasing the import tariff on 260 tariff codes related to capital goods from 16% and 14% to 2%. The measure took effect on 23 July 2015 and lasts until 31 December 2016.
 
The tariffs were reduced under Brazil's ex-tarifário regime which allows for a temporary customs duty exception to the Mercosur Common External Tariff on capital and IT goods. Such an exception can be invoked in case the good in question has no domestically produced equivalent. The goal of this is to restructure Brazil's industrial park and infrastructure services (see WTO Trade Policy Review).
 
The measure was introduced simultaneously with Camex Resolution no. 63 which reduces the tariff on IT goods (see measure no. 9786 under Related Measures). According to Camex, the imported IT and capital goods are worth USD 541 million and related to projects of USD 1,355 billion.
 
The main affected sectors are nautical (21.75), energy (14.97), capital goods (12.17), nutrition (8.25), and metal-mechanic (7.50). The goods' countries of origin are Germany (28%), USA (22.8), China (16%) and Italy (8%).
 
The goods will be used for industrial projects in the regions of Ceará, in the Federal District, Rio de Janeiro, and Bahia. Projects include the increase of traffic capacity, a center for strategic communication and defense, a new glass production line, and to increase the security of railway traffic

AFFECTED SECTORS

 
422 429 431 432 433 434 435 439 441 442 443 444 445 446 449 451 461 481 482 495
(+ 5 more)

AFFECTED PRODUCTS

 
730900 820730 840810 841090 841221 841229 841290 841350 841370 841391 841459 841480 841582 841710 841720 841869 841939 841940 841950 841989 842121 842139 842230 842240 842430 842489 842619 842699 842710 842820 842839 842890 842940 843010 843041 843120 843149 843280 843320 843360 843680 843810 843850 843880 843920 844130 844319 844339 844391 844590 845020 845310 845430 845522 845610 845710 845811 845961 846039 846150 846210 846221 846229 846291 846299 846310 846330 846490 846591 846594 846599 846693 846694 847290 847420 847439 847480 847621 847681 847710 847720 847759 847780 847790 847910 847930 847940 847950 847981 847982 847989 847990 848071 848110 848120 848180 848340 850151 850152 850213 851430 851440 851521 851580 860799 870410 901480 901590 901819 902290 902710 902720 902750 902780 903010 903084 903120 903149 903180 903190
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