(From:CMB-CETA Editor)
Brazilian Foreign Trade Commission issued a public notice February 5, from now on, Brazil, 147 kinds of machinery, equipment and information and communications products, import tariffs reduced to 2%, two kinds of information and communications products zero import tariffs, valid until December 31, 2010. It is understood that this tax relief primarily in the areas of: Railway (51.12%), metallurgy (7.14%), civil (7.05%), oil (5.44%) and capital goods (5.40%).