0% import duty for raw leathers and agrochemicals, among other goods

On June 13 of 2011 the Ministry of Commerce, Industry and Tourism of Colombia issued Decrees 2049, 2050, 2051 and 2052 of 2011, which partially modified Decree 4589 of 2006, and reduced to 0 % the applicable import duties for more than 35 subheadings.

Notably, this reduction to 0% applies to raw leathers and agrochemicals, providing an opportunity for reducing the costs of importation of these goods.

These benefits will be in force until December 31 of 2011, except the benefit for agrochemicals which will be in force for an entire year.

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