CENTRAL & SOUTH AMERICA

Brazil Revamps Foreign Trade Chamber in Effort to Prioritise Trade Policy

14 October 2019

The Brazilian government has modified the administrative structure of the Foreign Trade Chamber (CAMEX), the government agency in charge of the formulation, adoption, implementation and co-ordination of policies and activities relating to foreign trade in goods and services. More

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Fines Assessed for Bribery Schemes in Mainland China

10 October 2019

The U.S. Securities and Exchange Commission reports that a Canadian company and its former chief executive officer have agreed to pay more than US$4.1 million to resolve charges that they violated the Foreign Corrupt Practices Act by paying bribes to a foreign government official in mainland China. The SEC also reports that a U.S. company has agreed to pay nearly US$10 million to resolve charges that it violated the FCPA by engaging in multiple bribery schemes in mainland China and Peru. More

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Argentina Updates Safety Regime for Auto Parts

10 October 2019

Argentinean authorities have updated the country’s safety regime for auto parts that require a CHAS approval certificate prior to commercialisation. The new regulation applies to auto parts and safety elements of Category L, M, N and O vehicles intended exclusively for the automotive aftermarket. More

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Miscellaneous Latin American AD Actions on Mainland Chinese Products

08 October 2019

Topics: Brazil Renews AD Duty Order on Garlic; Colombia Declines to Rescind Negative AD Determination Involving Steel Tube; Argentina Issues Results of AD Anti-Circumvention Review of Fans. More

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Argentina Expands AEO Programme

03 October 2019

Argentina recently expanded its authorised economic operator programme to incorporate customs brokers, customs transport agents and road transport shippers linked to foreign trade. To participate in the programme these entities must comply with the terms and conditions of Annex I of General Resolution 4451/2019 as well as Annex I of General Resolution 4582/2019, including requirements related to tax compliance, commercial registration systems, financial solvency, safety and technology. More

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Brazil Lowers Duties on Additional Products

03 October 2019

Brazilian authorities have announced the addition of 147 items to a list of foreign capital goods and information technology and telecommunications goods that benefit from duty-free treatment under the Ex-Tarifario regime, down from 14 or 16 percent. Many of these goods could potentially be imported from mainland China and/or Hong Kong. More

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Brazil Approves Accession to Madrid’s Trademark Protection Protocol

03 October 2019

The Brazilian government has approved effective 1 October Brazil’s accession to the Madrid Protocol. The Madrid Protocol is an international agreement administered by the Word Intellectual Property Organisation that allows a country to protect and register trademarks in all 120 signatory countries. More

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Miscellaneous Canadian and Latin American AD/CV Actions on Mainland Chinese Products

02 October 2019

Topics: Mexico Rescinds AD Duty Order on Synthetic Fibre Blankets; Canada Renews AD/CV Duty Orders on Copper Tube; Mexico Begins Sunset Reviews on Certain Steel Products. More

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Argentina Extends Suspension on Exports of Iron and Steel Waste

30 September 2019

The Argentinean government has extended for an additional 360 days the current suspension on the exportation for consumption of certain iron and steel waste and scrap. More

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Argentina Requires Imports of Certain Motorcycles Benefitting from Duty-Free Treatment to Face Enhanced Value Analysis

26 September 2019

Argentina unveiled a programme earlier this year to provide duty-free treatment through 31 December 2023 to incomplete, wholly unassembled motorcycles and certain other vehicles. Argentinean authorities are now requiring products entered under this special programme to be processed through the Federal Public Revenue Administration (AFIP)’s red channel for customs value verification without the need to provide an economic guarantee for their importation. More

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