Tag: Mercosur Common External Tariff

• Thursday, May 26th 2022 - 10:40 UTC

  Brazil cuts down Mercosur external tariffs yet again

  

  In a move to contain inflation ahead of this year's Oct. 2 elections, Brazil's Chamber of Foreign Trade decided to cut down the Mercosur Common External Tariff (TEC) by 10% on items such as beans, meat, pasta, cookies, rice, and construction materials, the Ministry of Economy announced.

• Wednesday, February 16th 2022 - 09:55 UTC

  Foreign Ministers of Argentina, Uruguay highlight bilateral increasing trade

  

  Argentina's Foreign Minister Santiago Cafiero Tuesday in Buenos Aires with his Uruguayan counterpart Francisco Bustillo to discuss a 33% increase in bilateral trade, among other issues.

• Saturday, November 6th 2021 - 09:59 UTC

  Brazil cuts down import tariffs to fight growing inflation

  

  In a move aimed at curbing inflation, Brazil Friday announced a 10% reduction of import tariffs on 87% of goods and services until December 31, 2022. Economy Minister Paulo Guedes now expects the other Mercosur countries to do the same.

• Friday, July 17th 2015 - 07:14 UTC

  Uruguay after a Mercosur 'action plan' to eliminate all inter-trade restrictions

  

  Uruguay is attending the Mercosur summit in Brazil hoping the group implements deep changes, particularly referred to the free circulation of goods, services and production factors, and considers a six month period should be sufficient trial for the changes to become effective.

• Saturday, August 18th 2012 - 06:12 UTC

  First shipment from Mercosur latest member to the south: 14.000 tons of urea

  

  Venezuela dispatched on Friday a shipment of 14.000 tons of urea for Brazil and Uruguay, the first since becoming a full member of Mercosur, reported the official Venezuelan news agency.

• Monday, May 28th 2012 - 23:12 UTC

  Mercosur raises maximum allowed tariff, 35% on 100 imported goods, says Brazil

  

  Brazil raised to the maximum the common external tariff, AEC, that Mercosur charges on imported goods from out of the zone. The decree was published in Monday’s edition of the Official Gazette and includes a hundred goods.

• Wednesday, September 21st 2011 - 00:41 UTC

  Mercosur coordinating temporary tariff mechanism to defend home markets

  

  Mercosur coordinators are holding meetings in Montevideo to decide on a mechanism for temporary increases of national tariffs besides those already implemented under the common external tariff for the group.

• Saturday, July 17th 2010 - 06:23 UTC

  Argentina proposes gradual elimination of Mercosur double charge common tariff

  

  Argentina proposed the gradual elimination of the Mercosur Common External Tariff, AEC, double charge and hopes the initiative will receive a first approval before Buenos Aires has to turn over the rotating chair of the trade group to Brazil next August.