The ANP published yesterday (8/4/2019) the ANP Resolution nº 777/2019, which regulates the foreign trade of biofuels, petroleum and oil products and natural gas, replacing the 25 normative acts that regulated the subject. The new resolution establishes a new sector regulatory framework, standardizing the activity authorization requirements and administrative handling of import and export license applications.

The initiative is in line with the Strategic Planning of the ANP, especially with regard to the strategic objectives of updating regulations with a view to minimizing investment barriers and reducing regulatory costs, and improving regulatory quality through administrative simplification and promotion of competition, with the premise of guaranteeing the interests of society.

The process of construction of this new regulatory framework lasted two years and involved, on several occasions, the participation of the regulated sector and representatives of technical areas of the ANP and the market, leading to a result marked by transparency.

In addition to the benefit of standardizing the rules and simplifying procedures in a single resolution, this regulatory framework innovates by enabling distributors to directly import products that are consistent with the activity for which they are authorized, eliminating bureaucracies such as creation by the distributors themselves , of companies only to carry out their imports.

The new resolution, at the same time as it is bureaucratic, also expands the ANP's control and oversight capacity, insofar as it standardizes the information necessary for the approval of the licenses in the Integrated Foreign Trade System (Siscomex). Along the same lines, imposing a requirement that all methanol end users, who directly import the product, become regulated agents, increases the Agency's ability to act in the fight against the adulteration of fuels.

The resolution modernizes the regulatory framework while simplifying and standardizing procedures to enable free enterprise to engage in foreign trade more efficiently and to the benefit of consumers as well.

+ See the full ANP Resolution No. 777/2019 in the Federal Official Gazette.