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Print articleColombia Imposes Special Tariffs on Imports of Clothing and Shoes
March, 2014 - Carlos Fradique Méndez, José Francisco Mafla, José Alejandro Quintero, Santiago Martínez Ojeda
On February 28, 2014, the Colombian Government issued Decree 456 of 2014, whereby it established special tariffs applicable to the imports of clothing and shoes. The measure is a compound ad valorem (10%) and specific tariff (US$5) for imports of products classified under chapters 61, 62 and 62 of the Colombian Tariff Code, with prices under US$10 per kilogram, and to imports of products classified under chapter 64, with prices under US$7 per pair. Imports classified under tariff code 6406 (parts of shoes) are excluded, except for 6406.10.00.00. Additionally, imports covered by free trade agreements in force are also excluded from the application of this compound tariff.
This new measure will be applicable for 2 years, starting March 30, 2014. It is noteworthy that a similar measure was established on 2013 through Decree 74 of 2013, for a period of 1 year. This measure was contended by Panama and is currently subject to dispute settlement under the WTO. On January 15, 2014, the WTO’s Director General composed the Panel.
