The Government of Mexico submitted to Congress a bill initiative aimed at protecting national industries considered strategic. The program seeks to strengthen domestic production against imports from countries without a trade agreement with Mexico.
MAIN OBJECTIVES
SCOPE
EXPECTED BENEFITS
MOST RELEVANT SECTORS
AFFECTED COUNTRIES
BACKGROUND
The program is part of the “Plan México: Estrategia Nacional de Industrialización y Prosperidad Compartida (National Strategy for Industrialization and Shared Prosperity)”,
which promotes domestic content, innovation, digitalization, and sustainability in Mexican industry.
It is also complemented by the strategy “Rumbo a una política industrial (Towards an Industrial Policy)” presented by the Ministry of Economy.
RELATED ACTIONS
IDENTIFIED CHALLENGES
The initiative establishes that the decree will enter into force 30 days after its publication in the Official Gazette of the Federation and will remain valid until December 31, 2026.
During this period, the Executive Branch may modify tariff lines whenever deemed necessary.
J.A. DEL RÍO offers a wide array of specialized consulting services to assist you with these and other matters, in order to ensure that your project complies with the applicable characteristics contained in this agreement.
If you have any questions, J.A. DEL RÍO can provide you with our experts to advise in matters concerning compliance with your legal and tax obligations. Once again, please let us know if we may be of any further assistance to you at: contacto@jadelrio.com.