Industrial Policy & Trade Monitor· 2663 actions· ✨ 89 recent

India's DGFT issued Notification No. 26/2025-26 on 22 August 2025, amending the import policy condition under Chapter 48 of ITC (HS) 2022, Schedule-I for Virgin Multi-layer Paper Board (VPB, HS codes 48059100, 48059200, 48059300, 48109200 and 48109900). Imports remain "Free" but are now subject to compulsory registration under the Paper Import Monitoring System (PIMS) and a Minimum Import Price (MIP) of INR 67,220 per metric tonne on CIF value; consignments declared below that floor are reclassified as "Restricted" and require a DGFT authorisation before Customs clearance. Global Trade Alert records China, Brazil and Chile among the affected exporters. The measure was originally set to lapse 31 March 2026 but has since been extended twice, most recently to 30 September 2026.

Brazil's Foreign Trade Chamber executive committee (GECEX) issued Resolution No. 768, dated 25 July 2025 and published in the Diário Oficial da União on 28 July 2025, amending the single annex of Resolução Gecex nº 311/2022 — the Ex-Tarifário regime that grants temporary reduced (typically 0%) import-duty rates on trucks, trailers/semi-trailers, motorised chassis, bodies/cabins, road tractors, and agricultural/self-propelled road machinery tariff lines for which no equivalent domestic production exists. The amendment took effect 4 August 2025. Global Trade Alert classifies the measure as a "Red" (trade-restrictive/discriminatory) import- tariff intervention, consistent with its treatment of GECEX's narrow, discretionary Ex-Tarifário product-line grants as favouring specific importers rather than liberalising trade economy-wide.