Bolivia raises tariffs on 94 products, but exempts those from Mercosur or Andean Community

The Government issued a rule to stop the entry of articles that harm domestic production, but many of these are manufactured in neighboring countries with which the country has trade agreements.

RIO DE JANEIRO, BRAZIL - The Vice Minister of Domestic Trade, Gróver Lacoa, stated this Wednesday (2) that Supreme Decree (DS) 4573, which establishes the increase of import tariffs for 94 products as of this month, does not apply to countries with which Bolivia has trade agreements or treaties.

However, Peru, Brazil, Argentina, and Chile, which have such agreements, are precisely the countries where smuggled goods enter due to lower prices.

Read also: Check out our coverage on Bolivia

"This measure does not reach those countries with . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?