Brazil Suspends Regulation on Tariff Cuts for Certain IT, Telecommunications Goods
Brazil suspended the implementation of a regulation relating to its “Ex-Tarifario list,” which allows for duty-free or reduced tariff treatment of certain imports in the information technology and telecommunications sectors that are not available domestically, according to an Aug.1 report…
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by the Hong Kong Trade Development Council. The regulation was criticized by Brazil’s industry, which said it allows “the addition of used goods to the Ex-Tarifario list” and introduces new parameters for comparing “the equivalency of foreign and domestic goods, such as price and delivery times,” the report said.