ESPACIO PUBLICITARIO
CARACAS, Saturday December 29, 2012 | Update
 
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MERCOSUR | New tariff scheme

Venezuela-Mercosur trade agreements kick off in January

With Brazil, Venezuela will reserve tariff codes of sensitive goods, particularly to protect the domestic steel and metallurgical industry, among others

A total of 10,029 codes will be gotten in advance in April 2013 (File photo)
EL UNIVERSAL
Saturday December 29, 2012  12:00 AM

At the Trade Commission of the Common Market of the South (Mercosur) in Buenos Aires, final agreements were reached for the entry into force on January 1, 2013 of the tariffs under the new trade relations with Mercosur Member States Argentina, Brazil, and Uruguay.

Venezuelan Vice-President Nicolás Maduro gave the news, emphasizing that "such historical resolutions nail down Venezuela's full membership with Mercosur."

For his part, Venezuelan Minister of Communication and Information Ernesto Villegas tweeted, "beginning 2013, Venezuela will be able to export goods to Brazil, Argentina and Uruguay free from tariffs," state-run news agency Agencia Venezolana de Noticias cited.

An additional deal was made with Brazil and Argentina towards preferential treatment for extremely sensitive items for Venezuela.

Furthermore, Venezuela reached some agreements on Mercosur common classifications, Venezuelan Trade Minister Edmée Betancourt reported. Following Venezuela's inclusion in the regional trade block, she reasoned, strides have been made in tax relief for several commodities.

"Venezuela reached final agreements regarding customs nomenclature. We know that beginning April 2013, we ought to have ready all of the 10,029 tariff codes," Betancourt underscored, as quoted in the website of the Ministry of Trade.

Translated by Conchita Delgado Rivas
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Is protest over?

That political protest in Venezuela has lost momentum seems pretty obvious: people are no longer building barricades to block off streets near Plaza Francia in Altamira (eastern Caracas), an anti-government stronghold; no new images have been shown of brave and dashing protesters with bandanna-covered faces clashing with the National Guard in San Cristóbal, in the western state of Táchira; and those who dreamed of a horde of "Gochos" (Tachirans) descending  in an avalanche to stir up revolt in Caracas have been left with no option but to wake up to reality.

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