Friday, January 20, 2012

Argentina Prepares List of Capital Goods Subject to Higher Import Tariffs

(MercoPress)

The Argentine government has began a round of consultations with the manufacturing sector to determine which capital goods from non Mercosur members can be listed for a higher common external tariff as was recently agreed by the trade block.

The Ministry of Industry contacted the Argentine Chamber of Industry Machinery and Equipment Manufacturers requesting they supply a list of products they consider a priority to be incorporated into the one hundred tariff positions to which Argentina will apply a higher common external tariff, in accordance with the latest Mercosur summit.

Capital goods manufacturers must also identify those products which they consider must be added to the non automatic import licence system or should be protected against dumping practices. Read more here.