Decree by means of which the Ministry of Economy issues general rules on foreign trade matters | Hogan Lovells
On May 9, 2022, the “Decree by means of which the Ministry of Economy issues general rules and criteria on foreign trade matters” was published in the Mexican Official Gazette, whereby several reforms in the operation of IMMEX and PROSEC programs were announced.
On May 9, 2022, the “Decree by means of which the Ministry of Economy issues general rules and criteria on foreign trade matters” was published in the Mexican Official Gazette, whereby several reforms in the operation of IMMEX and PROSEC programs were announced. Below are some of the noteworthy changes:
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According to Rule 3.1.1., third paragraph, the Factual Description/Dossier as a requirement for requesting a new IMMEX or PROSEC program will be optional. A written request may be made for personnel of the Ministry of Economy to visit the applicant’s facilities to carry out an inspection or verification visit.
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The requirement to register a warehouse, or to…