Global Trade Alert
Global Trade Alert

Brazil: Greater benefits for car producers under program INOVAR AUTO

Announcement

21 Oct 2015

On October 21, 2015 the Brazilian government allowed for the reduction of the IPI between two companies that fall under INOVAR-AUTO’s program to up to 45%.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Oct 2015

Revocation date:

31 Dec 2017

Announced: 21 Oct 2015
Local content incentive
On October 21, 2015, decree number 8.544 allowed for the reduction of the IPI between two companies that fall under INOVAR-AUTO’s program. If a company has an order from another company under INOVAR-A...
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