The Colombian Government Announced Tariff Exemption For Small Cross-Border Goods

On August 3, Colombian President Duke signed Decree No. 1090 of 2020 to exempt cross-border postal and express goods with a value of less than $200. The article on the website of the Ministry of trade, industry and tourism of Costa Rica on August 4 pointed out that the promulgation of the decree not only fulfilled the international commitments (referring to the WTO trade facilitation agreement), but also created a broader space for the development of cross-border e-commerce in Costa Rica. The specific contents of the decree are as follows:

Article 261 of Decree No. 1165 of 2019 (measures for customs work) is amended as follows: commodities with FOB price (excluding freight) less than US $200 (including freight) entering the customs territory of Costa Rica in the form of postal transportation and express delivery can be exempted from customs duties under customs codes 9807.1 million and 9807.2 million. The decree shall come into force 15 days after its publication in the official gazette.