Regulatory News

The Federal Revenue Service, the agency that controls customs checkpoints, released a report on the seizures of merchandise in Foz do Iguaçu, a triple-border region (Brazil, Paraguay, Argentina), last year. Altogether, about US$80.1 million in products were collected, 19% more than in 2016, and the item that leads the ranking was cigarettes, with 38% of the material seized.

Inspection agents in Foz do Iguaçu have retained 20 million bundles of smuggled cigarettes, which total approximately R$100 million (US$31.1 million). After cigarettes, the most seized products are electronic items (22%) and computers (7%).

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