Global Trade Alert
Global Trade Alert

Brazil: Elimination of import duties set on merchant vessels

Announcement

13 Nov 2019

The government of Brazil has eliminated the duty set on imports of merchant vessels by modifying the List of Exceptions to the Mercosur Common External Tariff (LECET).

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Nov 2019

Revocation date:

31 Dec 2021

Updated: 13 Nov 2019
Import tariff

On 13 November 2019, the Brazilian Foreign Trade Council has adopted Resolution 10 reducing the import duty set on merchant vessels classified under tariff subheading NCM 8901.90.00.

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