Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 141 items to its list of foreign capital goods and information technology and telecommunications goods subject to duty-free treatment under the country’s Ex-Tarifario regime, said a June 9 Hong Kong Trade Development Council report. Among the additions, 129…
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items are capital goods and 12 are IT and telecom goods, the report said. The goods will benefit from duty-free treatment though Dec. 31, 2021. Brazil also renewed tariff-rate quotas on imports for five products: aluminum phosphide insecticides, polyester yarn, nickel cathodes, black printing ink and other printing ink.