Global Trade Alert
Global Trade Alert

Brazil: Government establishes new import tariff-rate quotas for heparin and certain chemical products (August 2024)

Announcement

08 Aug 2024

In August 2024, the government of Brazil modified the List of Exceptions to the Common External Tariff (LETEC) and the list for the tariff reductions scheme for supply reasons established under MERCOSUR Resolution No. 49/19. The changes were introduced via an amendment of Annexes IV and V of GECEX Resolution No. 272 of November 2021.

Source

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

15 Aug 2024

Revocation date:

14 Aug 2026

Prolonged: 15 Aug 2025
Import tariff quota In force
On 8 August 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 625 establishing temporary import tariff-rate quotas for certain chemicals, heparin and c...
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Implementation date

15 Aug 2024

Revocation date:

No revocation date

Announced: 08 Aug 2024
Import tariff In force
On 8 August 2024, the Executive Committee of the Brazilian Foreign Trade Chamber (Gecex) issued Resolution No. 625 increasing the import duty on heparin and certain medicines classified under NCMs 300...
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