Mexico Increases Import Tariffs on Steel Products
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On November 22th, 2021, Mexico increases –again– import tariffs on certain steel products and establishes a tariff reduction scheme.
VTZ – Top Notch Law Firm in International Trade and Customs – Legal 500
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VTZ was recommended by the Legal 500 Latin American 2022 Edition as a tier 1 law firm in international trade and customs in Mexico.
Application and Interpretation of Rules of Origin | Trading Room
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Consultations on the Application and Interpretation of the Rules of Origin in the Automotive Sector Pursuant to Article 31.4 of the USMCA, on August 20, 2021, the Mexican Ministry of Economy, formally requested consultations with the Government of the United States regarding conflicting positions on the interpretation and application of the rules of origin applicable […]
Rapid Response Labor Mechanism
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Rapid Response Labor Mechanism | Trading Room Rapid Response Labor Mechanism As a result of the AFL-CIO’s request, the U.S. government activated the Rapid Response Labor Mechanism on June 9, 2021 for alleged violations of freedom of association and collective bargaining rights committed by TRIDONEX. Following the request, the Mexican government conducted an internal investigation […]
USMCA Labor Council | The Trading Room
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USMCA Labor Council The USMCA Labor Council met for the first time on June 29th. The Council is composed of senior governmental representatives from trade and labor ministries, as designated by each Party. During the first meeting, the Council discussed the domestic mechanisms, institutions, and procedures that each party is employing to advance and guarantee […]
Mexico – United Kingdom Trade Relationship | The Trading Room
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Comprehensive and Progressive Agreement for a Trans-Pacific Partnership On February 1, 2021, the government of the United Kingdom (UK) formally requested in a letter to New Zealand, the treaty’s depositary, its accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Yesterday, Wednesday, June 2, 2021, during the fourth ministerial meeting of the CPTPP […]
Trade Continuity Agreement Between Mexico and the United Kingdom| Trade Alert
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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 […]
Virtual Trade Summit USTR-Mexico | Mexican Economic Newsletter
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Trade Summit USTR-Mexico 2021 On March 23, Tatiana Clouthier, head of the Ministry of Economy, met virtually with U.S. Trade Representative (USTR), Katherine Tai, to discuss the importance of the bilateral trade relationship and the full implementation of the USMCA. Both sides committed to future engagement on shared priorities such as economic recovery in the context […]
Doing Business in Mexico: A Guide
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In line with our objectives, VTZ Law Firm has developed a Doing Business in Mexico Guide with a strong focus on foreign investment in manufacturing activities. It is our goal as trusted advisors and business facilitators to guide foreign investors, providing insights in a concise manner. Why Doing Business in Mexico? Before the coronavirus outbreak, […]
Why Invest in Mexico?
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Our first chapter of Doing Business in Mexico, Why Invest in Mexico?, will serve as an introduction providing a general overview of the current economic and business environment. VTZ Law Firm analyzes Mexico’s doing business rankings and economic indicators –positive and negative– from the World Bank and the World Economic Forum. Also, we summarize trade […]