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ANNOUNCEMENT 24 Sep 2015
In September 2015, the government of Brazil announced a change in import duties.NUMBER OF INTERVENTIONS
1
SOURCE
Ministry of Development, Industry and Trade (MDIC), press release of 25 September 2015: http://www.mdic.gov.br/sitio/interna/noticia.php?area=1¬icia=14074
Camex Resolution no. 88 of 24 September 2015, published in Official Gazette of 25 September 2015: http://camex.gov.br/legislacao/interna/id/1451
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
On 24 September 2015, the Brazilian Foreign Trade Council (Camex) issued Resolution no. 88 decreasing the import tariff on nine tariff codes belonging to the IT-sector to 2%. The measure which took effect on 25 September 2015 lasts until 31 December 2017.
Ex-tarifário regime
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).
Capital goods
The measure was introduced simultaneously with Camex Resolution no. 89 which reduces the tariff on capital goods (see measure no. 9929 under Related Measures). According to Camex, both measures produce 161 ex-tarifários representing USD 1.01billion of imported goods.
Sectors
The sectors benefiting from the customs duty decrease are food (50.17), energy (15.79), pharmaceuticals/chemistry (5.06), capital goods (4.91), electronics (2.88), petroleum (2.81) plastics (1.78), transport (1.60), services (1.57) and other (5.21).