Dear clients and friends,
On August 13, the Ministry of Economy published in the Official Gazette of the Federation a new agreement for the interpretation, application, and administration of Chapters 4, 5, 6 and 7 of the USMCA (“Regulations”), regarding the following:
_Rules of origin
_Origin procedures
_Textile and apparel goods
_Customs administration and trade facilitation
It is worth mentioning that the Regulations, in force since August 14, replace the previous ones, published on July 9, 2020.
The agreement is divided into two parts:
- Uniform regulations regarding rules of origin and related provisions for textile and apparel goods (chapters 4 and 6).
- Uniform regulations regarding origin procedures, textile and apparel goods, and customs administration and trade facilitation (chapters 5, 6, and 7, respectively).
The contents of the first part (chapters 4 and 6) are as follows:
Part I.
_Definitions and interpretations
_Conversion of currency
Part II.
_Originating goods
_Treatment of recovered materials used in the productions of a remanufactured good
_De minimis
_Sets of goods, kits, or composite goods
Part III.
_Regional value content
Part IV.
_Materials
Parte V.
_General provisions
Part V. (sic)
_Automotive Goods
The second part of the agreement, concerning the regulations for chapters 5, 6, and 7, contains the following:
Chapter 5: Origin procedures
_Claims for Preferential Tariff Treatment
_Basis of a Certification of Origin
_Obligations Regarding Importations
_Exceptions to Certification of Origin
_Obligations Regarding Exportations
_Record Keeping Requirements
_Origin Verification
_Advance Rulings Relating to Origin
_Minimum Data Elements
Chapter 6: Textile and apparel goods
_Verification of Textile and Apparel Goods
Chapter 7: Customs administration and trade facilitation
_Advance Rulings
_Review and Appeal of Customs Determinations
_General provisions
_Final provisions
Full text of the Regulations is available at:
http://www.dof.gob.mx/nota_detalle.php?codigo=5626542&fecha=13/08/2021
International Trade
Felipe Mendoza
[email protected]
Juan Carlos Partida
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Fernando Holguín
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Eduardo David
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Arturo Bañuelos
[email protected]
Edmundo Hernández
[email protected]
Alejandro Montes
[email protected]
Gerardo Olea
[email protected]
