Decree exempting the payment of import duties. Today, the «Decree exempting the payment of import duties on the goods indicated«, issued by President Andrés Manuel López Obrador, was published in the Official Gazette of the Federation (DOF). Objective of the Decree. The President of Mexico, in accordance with article 131 of the Mexican Constitution, has […]
On November 22th, 2021, Mexico increases –again– import tariffs on certain steel products and establishes a tariff reduction scheme.
The Trade Continuity Agreement Between Mexico and the United Kingdom With the United Kingdom´s (UK) withdrawal from the European Union (EU), a new trade agreement was necessary between Mexico and the UK to maintain preferential tariffs and market access. For this reason, in December 2020, the Trade Continuity Agreement between Mexico and the UK was […]
Trade Continuity Agreement between Mexico and the United Kingdom of Great Britain and Northern Ireland With the United Kingdom´s (UK) withdrawal from the European Union (EU), the need to sign a new transitional trade agreement between Mexico and the UK arises so that the rights and obligations, which established preferential trade conditions as well as […]
Developments Mid-December 2020 Trade-related decisions and regulations were published in December 2021. The most relevant in our opinion are the following: Mexico and CPTPP: Ministry of Economy made some changes to the procedure regarding the public tenders to access the import quotas per Mexico’s Tariff Rate Quotas established in Appendix A-1, which deals with dairy […]