« More Insights


Argentina

VAT changes target digital services
Recent amendments to the value-added tax regulations will require providers of digital services to assess VAT on any such services provided to Argentinean consumers. Any resident or domestically domiciled intermediaries involved in the payment process will act as the withholding agent. If there are several resident or domestically domiciled intermediaries, the entity with the closest commercial relationship with the provider of the digital services will act as the withholding agent.
[Decree 813/2018]
[iProfesional]

AD actions on polyester yarn, pliers, glass wool products, other products
– final negative AD duty determination on textured polyester yarn (except sewing thread) measuring per single yarn 350 decitex or less, not put up for retail sale, from India and Indonesia
[Resolution 529/2018]
– final phase of AD duty investigation of hand-held pliers made from common metals from China and India
[Resolution 15/2018]
– renewal of AD duty order on glass wool products agglomerated with thermosetting phenolic resins, with or without coating, from Mexico with a revised AD duty of 67 percent.
[Resolution 5/2018]
– pending expiration of AD duty orders on six products from various countries, including Brazil, China, Chile, India, Korea, Peru, Taiwan, and Thailand
[Resolution 2/2018]

Brazil

Import duties on two products modified
Brazil recently established two tariff-rate quotas on rutile pigments classified under NCM 3206.11.10 to correct a lack of supply in the Brazilian market. In-quota imports will benefit from a reduced duty of two or six percent while out-of-quota merchandise will face the regular MFN rate. Additionally, Brazilian authorities have issued a list of all TRQs currently in force and modified to 14 percent the duty on certain laser-operated machine tools classified under NCM 8456.11.11.
[CAMEX Resolution 63/2018]
[CAMEX Resolution 64/2018]

Investment deal with Mexico approved
The agreement includes provisions in the areas of non-discrimination, expropriation, compensation for losses, transparency, transfers, tax measures, precautionary measures, security exceptions, corporate social responsibility, institutional governance and dispute prevention, and agenda for greater cooperation and investment facilitation.
[Decree 9495/2018]

Export duty on leather rescinded
The export duty on wet blue leather had been in place for about 18 years while the export duty on salted leather was established some 26 years ago.
[Resolution 65/2018]

New procedures to import auto parts from Argentina
Brazil has announced new electronic procedures that importers wishing to import automotive parts within the framework of the common automotive policy agreement with Argentina must follow to receive tax benefits under that arrangement.
[Directive 1569/2018]

AD sunset review of paperboard packaging materials from Chile under way
[SECEX Circular 36/2018]

Chile

Chamber of Deputies approves protocol to modernize trade deal with China
The agreement will next be considered by the Senate. Signed in November 2017, the new deal includes some of the most extensive market access provisions Beijing has ever negotiated with any trade partner, including additional preferential tariff treatment for 30 Chilean forestry products as well as a new chapter on electronic commerce. The two sides also agreed to improve their market access commitments for services, including commitments in China’s trade deals with Australia and Korea.
[DIRECON]

Trade talks with Brazil move forward
During three days of intense negotiations in mid-September the two sides reportedly achieved substantial progress in many of the chapters under discussion and successfully wrapped up discussions in the areas of competition; micro, small, and medium-sized enterprises; good regulatory practices; regional and global value chains; telecommunications; and trade and gender. The next round of talks is expected to take place Oct. 16-19 in Santiago.
[DIRECON]

Colombia

Trade minister outlines new export objectives
Minister of Trade, Industry, and Tourism José Manuel Restrepo said Colombia must take full advantage of existing trade agreements through several initiatives that will be jointly pursued by the public and private sectors. The government has also created a permanent working group on trade facilitation and is working to link Colombia’s trade and industrial policies in an effort to increase competitiveness.
[Ministry of Trade, Industry, and Tourism]

Financial assistance for quality certification offered to Colombian exporters 
The Colombian government is offering financial and specialized technical assistance to companies wishing to undergo quality certification in order to begin exporting or increase their exports and take advantage of existing trade agreements. This initiative seeks to increase the participation of Colombian companies in international markets and enable test laboratories to offer services accredited by national and international bodies.
[Colombia’s Ministry of Trade, Industry, and Tourism]

Deadline for final comments in AD probe of steel tube from China extended
[Decision issued Sept. 13]

Mexico

AD actions on ammonium sulfate, rubber, other products
– new review to determine whether certain mixtures of ammonium sulfate and other salts or nutrients that are also used as fertilizers, such as potassium chloride, monoammonium phosphate, diammonium phosphate, or other sources of potassium and phosphorous, are circumventing the AD duty order on ammonium sulfate rom China.
[Resolution issued Sept. 13]
– final phase of AD duty investigation of emulsion styrene polybutadiene rubber from the U.S., Japan, Korea, and Poland
[Resolution issued Sept.11]
– pending expiration of AD duty orders on 14 products from China and/or India
[Notice issued Sept. 11]

Peru

AEO mutual recognition agreement signed with U.S.
According to Peruvian authorities, the National Customs and Tax Administration Superintendence (SUNAT) recently signed a mutual recognition agreement between its authorized economic operator program and U.S. Customs and Border Protection’s Customs Trade Partnership Against Terrorism program. Peru has concluded similar arrangements with Korea, Uruguay, and the Pacific Alliance countries (Chile, Colombia, and Mexico).
[SUNAT ]

Results of timber shipment verifications released
Last March, the U.S. asked Peru to verify whether three shipments of timber products that entered the U.S. in 2017 complied with all applicable laws, regulations, and other measures of Peru, as required under the forest sector governance provisions of the U.S.-Peru Trade Promotion Agreement. The recently concluded verifications cleared two of the shipments but determined that the inputs used in the other shipment did not comply with Peruvian regulations.
[Ministry of Foreign Trade and Tourism]

New regulations aimed at facilitating maritime cargo cabotage
Peru has issued new regulations aimed at promoting and facilitating maritime cargo and passenger cabotage. The regulations include provisions in the areas of vessels, provision of services, and port infrastructure and designate cargo and passenger cabotage as a public interest activity, thereby authorizing the Ministry of Transportation and Communications and the Ministry of Energy and Mining to promote it.
[Legislative Decree 1413/2018]

Import requirements for dog and cat food rescinded
[Directorial Resolution No. 0023-2018-MINAGRI-SENASA-DSA]