5 Nov 2018
Argentina Updates List of Telecom/IT Goods Benefitting from Duty-Free Treatment, Extends Suspension on Exports of Iron and Steel Waste
Argentina recently made certain changes to the list of information technology/telecommunications goods (as well as integrated systems containing such products) benefiting from duty-free treatment. A total of 182 tariff lines classified within HS chapters 74, 84, 85 and 90 benefit from this special arrangement, compared to 186 tariff lines previously. According to press reports, four items made by domestic manufacturers in the Tierra del Fuego province were removed from the list.
Separately, the Argentinean government has extended for an additional 360 days the current suspension on the exportation for consumption of iron and steel waste and scrap classified under NCM 7204.10.00, 7204.21.00, 7204.29.00, 7204.30.00, 7204.41.00, 7204.49.00, 7204.50.00, 7404.00.00 and 7602.00.00 (only certain products). This action mirrors previous temporary bans and is aimed at preserving a steady supply of raw materials for domestic manufacturers.