Brazil Updates List of Tariff-Exempt Capital, Telecommunications Goods
Brazil added 269 items and removed 20 items from its list of foreign capital goods and information technology and telecommunications goods subject to duty-free treatment under the country’s Ex-Tarifario regime, according to a Jan. 13 Hong Kong Trade Development Council…
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report. “Many” of the goods can be imported from the Chinese mainland or Hong Kong, the report said. Among the additions, 250 items are capital goods and 19 are IT and telecommunications goods, the report said. The goods will benefit from duty-free treatment though Dec. 31, 2021. Brazil also established a series of tariff-rate quotas on certain imports, the report said, including generator circuit breaker systems, certain yarn, “plug and switch systems,” certain fabrics, certain aluminum foil and more.