Brazil’s National Confederation of Industry (CNI) has petitioned the Brazilian Finance Ministry to fully comply with an international import-export regime known as the ATA Carnet, according to a report by Valor Economico business newspaper. The ATA Carnet system allows businesses to import certain products, destined for temporary use, without paying tariffs. The products are typically used in fairs, exhibitions and scientific research, among other purposes. To be fully compliant, a country must sign two separate international agreements. Brazil has signed only one of the agreements. By not being fully compliant with the system, certain countries of origin are not covered by the ATA Carnet regime when goods from that country enter Brazil. One of the countries which is currently barred from using the system in Brazil is the United States. Others are Canada and Japan. The CNI has been in talks with Brazilian tax and customs authorities regarding the matter. Authorities have alleged that there are other methods for bringing in temporary goods. However, the CNI has counter-argued that the ATA Carnet system is more flexible and more widely used worldwide. The Finance Ministry has not yet responded to the CNI’s petition to broaden the program.
Link to Valor Economico news article
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