The import rate on bikes will drop gradually starting March, from a current 35% to 20% in December.
Browsing: tariff
The Egypt-Mercosur free trade agreement had its third anniversary on September 1st. Since it became effective, exports from Brazil to Egypt climbed 21.1%, according to the National Confederation of Industries (CNI).
The country has suspended customs duties on lentils, chickpeas, beans, and dry beans.
The end of the quota regime on light vehicles is provided for in an agreement from 2015. The two countries entered into an auto industry agreement in 2002.
Tariff was increased from 5% to 10% on rebar and wire rod. Move falls in line with Gulf Cooperation Council.
