CENTRAL & SOUTH AMERICA

The Greater Bay Area: Carving out a Niche

16 September 2020

Brazilian company Mundial has established itself as one of the world’s leading producers of knives, kitchenware and personal care products. Since establishing its Asian arm – Mundial Co. Limited – in Hong Kong in 2007, the company has expanded its worldwide network of production facilities and distributors. Their products can now be found across the Asia-Pacific region and the Middle East. Mundial sees the Greater Bay Area as a gilt-edged opportunity for further expansion More

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Colombia Provides Duty-Free Treatment to Low-Value Postal and Courier Shipments

03 September 2020

Not long after Mexico announced that it was increasing its single tax rate for postal and courier imports that benefit from simplified entry procedures, Colombia took the opposite route by providing duty-free and VAT-free treatment to such shipments with an FOB value of US$200 and below, not including delivery costs. More

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USTR Updates Congress on U.S. Trade Negotiations

23 June 2020

U.S. Trade Representative Robert Lighthizer recently updated Congress on on-going and potential U.S. trade negotiations. Among other things, he acknowledged that mainland China is not currently on pace to buy the amounts of U.S. agricultural and energy products that were agreed under the phase one trade agreement, due at least in part to the economic ramifications of the COVID-19 pandemic. More

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The Greater Bay Area: Boosting the ‘Bay’

13 May 2020

Havaianas, the 58-year-old footwear maker, which took flip-flops global, opened its first Hong Kong office in May last year. Now, after building up a worldwide reputation, which sees 240 million pairs of Havaianas sold in more than 100 countries each year, the Brazilian brand – owned by the Sao-Paulo-based footwear company, Alpargatas – is putting its best foot forward in a bid to make its rubber flip-flops a must-have lifestyle accessory throughout the Greater Bay Area. More

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Brazil Lowers Duties on Various Products

08 May 2020

Brazilian authorities have announced the addition of 349 items to a list of foreign capital goods and IT and telecom goods that benefit from duty-free treatment under the Ex-Tarifario regime. In addition, certain other products have been granted duty-free or reduced duty treatment. More

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Chile Implements Changes to Double Taxation Agreement with Mainland China

07 May 2020

Chile has formally implemented a protocol adopting certain modifications to the bi-lateral tax treaty currently in force between Chile and mainland China. More

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Brazil Lowers Duties on Various Products

14 April 2020

Brazil has announced the addition of 248 items to a list of foreign capital goods and IT and telecom goods that benefit from duty-free treatment under the Ex-Tarifario regime, down from 14 or 16 percent. Additionally, Brazil has made a number of changes to the list of auto parts that qualify for a duty exemption under the special import regime for such products. More

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Brazil Broadens List of Duty-Free Products Due to COVID-19

09 April 2020

The Brazilian government continues expand the list of medical and other products that will benefit from duty-free treatment through 30 September 2020 in an effort to tackle the COVID-19 pandemic. More

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Update on Additional Latin American Actions to Address COVID-19 Pandemic

31 March 2020

Latin American countries continue to take trade-related actions in an effort to respond as effectively as possible to the COVID-19 pandemic. More

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Update on Latin American Actions to Address COVID-19 Pandemic

26 March 2020

Latin American countries have taken a number of trade-related actions in recent days and weeks in an effort to respond as effectively as possible to the COVID-19 pandemic. More

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