The International Trade team of Estudio Echecopar, associated with Baker & McKenzie International, obtained an important decision in favor of several importers of processed food and non-alcoholic beverages, members of the Lima Chamber of Commerce, after the Court for the Defense of Competition and Protection of Intellectual Property ratified that the prohibition on the use of octagon adhesives in imported processed food constitutes a non-tariff trade barrier.
Estudio Echecopar, a member firm of Baker & McKenzie International, has updated the Doing Business in Peru 2023 guide to provide investors with useful information on the legal and regulatory framework they need to know to do business in the country. The guide focuses on the relevant aspects of legislation, the legal system, safeguards and other important nuances of local regulations to help investors conduct and maintain successful activities in Peru.
On 1 March 2023, a multisectoral committee composed of government ministries decreed that definitive safeguard measures should not be applied to imports of clothing products entered under chapters 61, 62 and 63 of the National Customs Tariff.
Supreme Decree No. 004-2023-SA approved the new “Regulations governing the Medicinal and Therapeutic Use of Cannabis and its Derivatives,” which will enter into force on 1 September 2023.
In brief On 6 January 2023, Law No. 31668 (“Law”), which approves the temporary reduction of the costs of acquiring imported inputs relevant to the national economy, was published. The Law aims to reduce a percentage of transport and related expenses of 16 national subheadings to pre-pandemic levels, to contribute…
On 31 December 2022, Supreme Decree No. 022-2022-SA was published in the extraordinary digital edition of the official journal El Peruano. The decree extended the deadline by which adhesives that incorporate advertising warnings on imported food and nonalcoholic beverages, including those marketed by micro and small businesses must stop being used.
The extension has been granted until 30 June 2023.
Decision No. 908 of the Commission of the Andean Community was published in the Official Journal of the Cartagena Agreement N° 5097 on 29 December 2022. Through Decision 908, the provisions of Decision 706 (Harmonization of legislation on household hygiene products and absorbent personal hygiene products) have been amended, in the sense of facilitating imports of these products from third countries.
The deadline that allows the use of adhesives or stickers to attach octagonal advertising warnings on imported processed foods and non-alcoholic beverages (imported foods) in accordance with the healthy eating framework was on 31 December 2022. In the absence of a new extension allowing the use of stickers to date, a number of questions arise, which are addressed in this alert.
On 25 October 2022, Supreme Decree No. 015-2022-PRODUCE was enacted, approving a new regulation of the law on labeling and verification of technical regulations.
On 26 March, 2022, Legislative Decree No. 1542 was published, by which certain provisions contained in the Law on Customs Offenses was approved by Law No. 28008.
The objective of these modifications is to seek a clearer process regarding the investigation and termination of customs offences.