Global Trade Alert
Global Trade Alert

MERCOSUR: Reduction of the Common External Tariff applicable on certain medicines

Announcement

02 Mar 2022

In March 2022, the Common Market Group of MERCOSUR modified the Common External Tariff, leading to lower import duties for certain medicines.

 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

01 Jul 2022

Revocation date:

No revocation date

Updated: 02 Mar 2022
Import tariff In force
On 3 March 2022, the Common Market Group of MERCOSUR adopted Resolution No. 42/2021 decreasing the import duties for 6 medicines. In particular, the affected tariff subheadings are NCMs 2937.1940, 294...
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