In order to eliminate restrictions and provide greater predictability to economic agents, the Government began to reduce the universe of tariff positions reached by non-automatic licenses (LNA in Spanish), which have a maximum of 60 days to analyze the conditions with which certain imported products enter. . In parallel, the Executive aims to strengthen instruments such as technical regulations by industry and anti-dumping investigations, in addition to playing with the tariff structure to act as effective protection of the local industry before the entry of products from abroad.
Through Resolution 5-E / 2018 of the Secretary of Commerce, published yesterday in the Official Gazette, the Government took an important step to reduce the number of LNAs in force. In total, 314 tariff positions were revoked, which means that about 1.300 positions are now active. The resolution does not modify the import tariffs in effect.
Since today it will be allow entering the country without additional formalities some supplies such as steel laminates, semi-finished aluminum, polypropylene, PVC and cotton yarns, among others. These are materials used in the car industry, agricultural machinery, machines and equipment in general, household appliances, construction, and also packaging, toys, parts and pieces, printing and fabric manufacturing, as it was informed by the Ministry of Production. A source form the Ministry of production also said that at the moment it is not planned to eliminate the LNA in other products.
In addition to the supplies for production, there will no longer be LNA for the entry of ice skates, bamboo furniture, weights for scales or electrostatic filters "that due to their specificity and low demand do not merit a process in depth", according to the Ministry.
This new trade measure also eliminates LNA for five types of motorcycles (50 cc and more) that enter the country fully assembled (CBU), and that represent only 8% of the Argentine market.
But thanks to the competitiveness agreement, the government set differential tariffs in November with the units that are assembled in the country (CKD). "While full bikes pay 35% tariff, CKD of more than 250 cc (cylinder capacity) pay 20% and those less than that power, 10%," says Lino Stefanuto, president of the Chamber of Motor Vehicle Manufacturers.
Source: https://www.cronista.com/economiapolitica/El-Gobierno-comenzo-a-desarmar-las-licencias-no-automaticas-de-importacion-20180112-0044.html
Date : 12 January, 2018
