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Updates in Foreign Trade

The KPMG member firm in Brazil prepared a November 2023 report (Portuguese) covering updates in the field of foreign trade.

In particular, the report covers the following developments:

  • Minimum information that must be provided to comply with Gecex Resolution No. 512 of 2023, concerning the determination of equivalent national production capacity in ex-tariff claims
  • Changes in the import licensing process
  • Proposals to modify the common external tariff (TEC) and common mercosur nomenclature (NCM)

Source: KPMG

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