The integration of commercial trade within North America is moving forward, and companies are looking to take advantage of the benefits that Mexico has to offer. With the rise in labor and transportation costs in China, ongoing trade wars, the war in Ukraine and growing concerns over resiliency, many supply chains have been disrupted. As
On January 11, 2023, the Arbitration Panel established in accordance with article 31 of the Unites States – Mexico – Canada Agreement (“USMCA”) published its final report regarding the enforcement and interpretation of important provisions governing the rules of origin applicable to the automotive industry under the USMCA.
It should be noted that on August
On May 9, 2022, the Mexican Secretary of Economy issued a Decree providing general rules and criteria regarding international trade (the “Decree”), which was published in the Official Journal of the Federation and is effective the day after its publication, with some exceptions provided in the Decree’s transitory articles.
The Decree abrogates the previous decree
After U.S. President Joe Biden’s April 6, 2022 decision to eliminate the Centers for Disease Control order known as Title 42, which was implemented to stem illegal immigrant and drug traffic between the United States and Mexico, Texas Governor Greg Abbott imposed strong inspection measures on all importations from Mexico entering Texas through land ports
On January 14, 2022, the Mexican Department of Economy published in the Official Journal of the Federation new Official Mexican Standard NOM-004-SE-2020, Commercial information-Labeling of textile products, clothing, its accessories and linens. Such new set of rules (“NOM” per its acronym in Spanish) serves to cancel NOM-004-SCFI-2006). The new NOM will enter into force as
The Fifth Resolution Amending Mexico’s 2020 General Foreign Trade Rules (the “Resolution”) was published in the Official Journal of the Federation on May 27, 2021. Among other amendments, it repeals rule 5.2.5. Rule 5.2.5. allowed a sale of temporarily imported goods to be considered as a sale that occurred abroad between a foreign seller and