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Latin America Trade Bulletin: VAT Refunds, FTAs, Electronic Origin Certification



VAT will be returned to exporters without prior inspection
The head of the Federal Public Revenue Administration recently confirmed that value-added tax will be refunded to exporters without them having to go through the audit established by the previous administration. He also said the government will begin negotiating the return of the stock of outstanding VAT debt, which totals about four billion pesos.

El Cronista
Cap on exports of samples eliminated
The Central Bank of Argentina has announced its decision to remove caps on the export of goods that are not likely to generate an equivalent in foreign currency. The caps of US$10,000 and US$100,000 per year were established in 2008.

Effective date of amended conformity assessment requirements for paper delayed
Argentina has delayed for 60 days the entry into force of the amended conformity assessment requirements for packaged paper, which must be certified as to its quality, purity, or composition in accordance with standards IRAM 3100, 3101, 3123, and 3124 as well as standard IRAM-ISO 9706. Subject paper must be certified in accordance with certification System 5, which is based on an evaluation of the manufacturer’s quality management system and the testing of samples taken from the production line.

Resolution 279/2016
EU court overturns AD duties on biodiesel from Argentina
The antidumping duties of 22 percent to 25.7 percent were imposed in November 2013 for five years. The decision could still be appealed, in which case the duties will remain in place until a final decision is reached.

La Nacion
New form to manage imports of materials, equipment for clinical pharmacological research
The new form will collect information related to company data, quantities, origin of the goods, etc.

Boletin Oficial
Exporters may register affidavits of foreign sales of specified agricultural products
Exporters may register the affidavits (DJVEs) for corn, sorghum, sunflower, and soybean and their byproducts for the 2016/2017 harvests. Exporters will then have 180 calendar days to formalize the export destination for consumption before the Directorate General of Customs.

Boletin Oficial


Trade agreement with El Salvador could be concluded in November
At the most recent round of negotiations the two sides announced progress in dispute resolution, intellectual property, market access, rules of origin, and trade protection. Talks are expected to be concluded and an agreement signed at the conclusion of the next round in November in San Salvador.

El Salvador


Work to implement electronic origin certification with China continues
A system being developed under the Chile-China Free Trade Agreement will allow the two sides to exchange certificates of origin electronically, which is expected to streamline the issuance of these certificates as well as export procedures in general, prevent fraud, and facilitate bilateral trade.

General Directorate for International Economic Relations
Cooperation with Mexico on exports of non-traditional farm goods
The governments of Mexico and Chile are carrying out a project to generate guidelines and good environmental practices aimed at strengthening exports of non-traditional agricultural products. They have also agreed to collaborate on issues related to the use of information platforms concerning pests and diseases to generate early warnings in different climate scenarios.

Provisional AD duty on concrete steel bar from Mexico amended
Chile has lowered from 13.10 percent to 11.01 percent the provisional antidumping duty on certain concrete steel bar made in accordance with Chilean standard NCh204 Of.2006, classified under HTSCL 7213.1000, 7214.2000, 7227.9000, and 7228.3000, from Mexico. The amended measure will be in place for two months from Sept. 17.


Non-intrusive scanners now operational at Santa Marta port
The new equipment includes a container scanner, a scanner of pallets and packages, and two devices to detect chemical substances, explosives, and narcotics. Inspection times at Santa Marta, which accounts for 33 percent of the country’s total exports and 15 percent of total imports, are expected to fall from the 24 hours required to complete a physical inspection to only 15 minutes, resulting in significantly lower warehousing costs for both importers and exporters.

Ministry of Commerce, Industry, and Tourism
AD sunset review on PVC film from China
Colombia has launched a sunset review of its AD duty order on flexible and rigid PVC film classified under HTSCO 3920.43.0000 and 3920.49.0000 from China. Imports of subject goods have been subject to a minimum FOB price of US$3.21/kg or US$3.29/kg since November 2013.

Resolution 147/2016


Trade agreement with EU could be signed Nov. 11
Ecuador is pursuing the deal because its tariff preferences in the EU market will expire at the end of the year. Trade minister Juan Carlos Cassinelli said Ecuador recently addressed EU concerns on topics such as auto import quotas, safeguards, and reinsurance.

El Comercio
Tariff surcharges to be reduced in October
As of Oct. 26 Ecuador will lower the 40 percent surcharge to 35 percent and the 25 percent surcharge to 15 percent, with the 15 percent surcharge remaining the same. The surcharges were imposed in March 2015 on almost 2,800 items to protect a balance of payments affected by a collapse in oil prices and the appreciation of the dollar.

Marco Trade


Automotive agreement with Brazil to be pursued
The two sides have also agreed to promote the implementation of the digital certificate of origin.

For Export


New president seeks to strengthen economic ties with China
President Pedro Pablo Kuczynski met with Chinese President Xi Jinping and other high-ranking government officials and business representatives as part of his mid-September visit to China. Kuczynski chose China for his first official trip abroad as president in an attempt to reinforce Peru’s strategic partnership with Beijing and advance efforts to attract more infrastructure investment. The two sides held discussions on a range of topics, including matters related to infrastructure, energy, customs cooperation, and the industrialization of the Peruvian mining sector.

Office of the Peruvian President
Exports of blueberries and prawns to China expected to begin in November
Peruvian Minister of Foreign Trade and Tourism Eduardo Ferreyros K├╝ppers recently indicated that China Eastern Airlines has agreed to carry the first shipment of Peruvian blueberries and prawns to China on Nov. 21 following the expected approval earlier that month of the phytosanitary protocols for those two products. Peruvian officials hope to negotiate similar protocols on quinoa and pomegranate in the future.

Ministry of Foreign Trade and Tourism
New mahogany export quota announced
The quota for Swietenia macrophylla King mahogany includes 67 trees with a total volume of 281,694 cubic meters of sawn timber that must be exported no later than Sept. 19, 2017.

Resolution No. 206-2016-SERFOR-DE
Quarantine requirements for coffee plants from Nicaragua modified
The period during which plants must remain under quarantine after importation has been reduced from six months to three.



Mercosur limits on inorganic contaminants in food adopted
Venezuelan authorities recently incorporated into the country’s legal regime Mercosur Common Market Group Resolution 12/11 setting forth maximum limits for certain inorganic contaminants in food products, namely arsenic, lead, cadmium, mercury, and tin. The maximum cadmium limits range from 0.01 milligrams per liter in wine and 0.01 mg per kilogram in flavored water to 2 mg/kg in mollusks; the maximum lead limits range from 0.01 mg/kg in edible ice to 2 mg/kg in food grade salt; and the maximum arsenic limits range from 0.01 mg/kg in edible ice to 1 mg/kg in crustaceans, mollusks, frozen or refrigerated raw fish, certain kidneys/liver, and other miscellaneous food items.

Official Journal


Pacific Alliance and ASEAN sign cooperation agreement
The agreement will allow the two sides to cooperate on a broad range of matters related to economic affairs, education, sustainable development, and science and technology. In the area of economic affairs, the agreement seeks to encourage trade promotion and trade facilitation activities, the exchange of good practices in trade, increased investment flows, and the integration of regional capital markets, as well as the potential exchange of experiences and good practices in the areas of entrepreneurship, development, and promotion of small and medium-sized enterprises. 

Chilean General Directorate for International Economic Relations