ANNOUNCEMENT 25 Apr 2014In April 2014, the government of Argentina announced a change in import duties.
NUMBER OF INTERVENTIONS
Resoluci?n General 3555 (in Spanish) http://www.infoleg.gov.ar/infolegInternet/anexos/220000-224999/223396/norma.htm
Resoluci?n General 3618 (in Spanish) http://www.infoleg.gov.ar/infolegInternet/anexos/225000-229999/229343/norma.htm
On 25 April 2014 the government of Argentina, via Resolution 3618, updated the list of "criterion values" (valores criterio de carácter preventivo) for imports of toys (HS 9503).
The updated list of "criterion values" for HS 9503, correspond to a range of FOB values from USD 4.02 to USD 9.60 (depending on the type of product) per kg. The previous import criterion values for the relevant products corresponded to a range of FOB values fromUSD 4.02 to USD 10.72 per kg.
Furthermore, the countries for which this updated list of "criterion values" refers to are: China, Democratic People Republic of Korea, Hong Kong, India, Indonesia, Malaysia, Taiwan, Pakistan, Republic of Korea, Philippines, Singapore, Thailand, and Viet Nam. Nevertheless, according to UN Comtrade Statistics, Argentina in the fiscal year 2013, in the context of HS 9503, only had relevant trade flows (over USD 1,000,000) with: China, Viet Nam and India.
This resolution besides HS 9503, also highlights HS 9504 and HS 9505. However, the "criterion values" for HS 9504 and HS 9505, have not been schanged and, therefore, continue to correspond to a FOB value ofUSD 6.70 and USD 10.72 per kg. As the GTA only reports changes in the policy stance, the mentioned products are not included as affected in this measure.