EU-Chile Interim Trade Agreement
January 13, 2025On 1 May 2026, the EU-Mercosur Interim Trade Agreement (ITA) will enter into provisional application.
What are the Mercosur countries?
Brazil, Argentina, Paraguay and Uruguay.
Can preferential treatment be claimed for Mercosur goods imported into the EU?
Yes, if your products are imported in accordance with the conditions set in the ITA.
Can preferential treatment be claimed for EU goods imported into Mercosur?
Yes, if your products are imported in accordance with the conditions set in the ITA.
Which rules apply for claiming preferential tariff treatment?
Chapter 3 of the ITA on Rules of Origin and Origin Procedures, as well as its Annexes and Appendix, sets the legal framework for determining if a product originating in the EU or Mercosur may benefit from preferential tariff treatment when imported into the other Party.
What type of cumulation is provided for under the ITA?
The ITA provides only for bilateral cumulation.
Is duty drawback allowed under the ITA?
Yes, duty drawback is possible.
If you require further information or clarification regarding the application of the ITA, please do not hesitate to contact us.