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