Mexico Publishes 2019 General Foreign Trade Regulations
Mexico’s Secretariat of Finance and Public Credit recently issued its General Foreign Trade Regulations for 2019. Published in three separate parts in the June 24 Diario Oficial, the new 2019 version includes changes to provisions on suspension of import and…
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export permits, and requires from Dec. 1 that importers transmit value declarations electronically through the Mexican single window, according to a summary of the changes from the Mexican Confederation of Customs Broker Associations (CAAAREM) posted by trade consultancy AJR Comercio. The Mexican agency published Annexes 1-A and 22 to the new regulations the following day. Among new provisions of the annexes are changes to guidelines on how to fill out Mexican import and export declarations (i.e., pedimentos) related to a field for declared value, according to another CAAAREM circular.