Brazil: Camex alters four items on the List of Exceptions to the Mercosur Common External Tariff (Letec)

On 31 December 2012, the Brazilian Foreign Trade Council (Camex) retrieved one tariff line and four ex-tarifários from the List of Exceptions to the Mercosur Common External Tariff (Letec). The number of those trade lines is limited to a quota of 100 different NCM codes. Those codes have either a lower or higher tariff than the Mercosur Common External Tariff (TEC) and are laid out in the List of Exceptions to the Mercosur Common External Tariff (Letec) in Camex resolution no. 94/2011, Annex II. Ex-tarifários (Ex), on the other hand, are part of those trade lines but refer explicitly to capital or IT and telecommunication goods with no domestic production. The measure, Camex resolution no. 76, came into power on 31 October 2012.