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Foreing Trade February 2012 - Vázquez Tercero y Asociados

Foreing Trade February 2012 - Vázquez Tercero y Asociados

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<strong>Foreing</strong> <strong>Trade</strong> <strong>February</strong> <strong>2012</strong><br />

This Foreign <strong>Trade</strong> Report is an executive summary of the most important foreign trade reforms in Mexico published in the<br />

Federal Official Gazette during <strong>February</strong> <strong>2012</strong>, and may also contain general news that may impact Mexican foreign trade. For<br />

further information on the topics addressed in this paper or for any questions arising from it, please contact Adrián <strong>Vázquez</strong><br />

Benítez al correo adrian@vazqueztercero.com, Eduardo Zepeda Grimaldo eduardo@vazquezepeda.com, Horacio A. López<br />

Portillo Jaso horacio@vazqueztercero.com or Verónica <strong>Vázquez</strong> Bravo veronica@vazqueztercero.com.<br />

1. Acuerdo de Integra ción Comercia l<br />

México-Perú<br />

On <strong>February</strong> 1, several Resolutions that establish the<br />

quotas and assignment mechanisms for the importation of<br />

certain goods from Peru, including grapefruits, limes, milk<br />

preparations, bananas, processed peppers, pasta, lard, fats,<br />

cocoa oils and powdered cocoa, oranges, corn, evaporated<br />

milk and milk taffy, beans, dried chile, footwear, grained<br />

cocoa and avocados, was published.<br />

On that same date, the Rules on Origin Certification of<br />

the <strong>Trade</strong> Agreement between Mexico and Peru, were also<br />

published. The objective of these rules is to apply and<br />

administer Chapters III “Market Access” and IV “Rules of<br />

Origin and procedures related to origin” of such trade<br />

agreement.<br />

Further, the Resolution that notifies the applicable duty as<br />

of <strong>February</strong> 1, <strong>2012</strong> of the General Import Tax for goods from<br />

Peru was published. Per the <strong>Trade</strong> Agreement, all goods<br />

shall be duty free, except for those specifically indicated in<br />

the agreement.<br />

2. Official Mexican Standards (NOMs)<br />

Draft NOM-072-SSA1-2011, Labeling of medicines and<br />

herbal remedies (amendment to NOM-072-SSA1-1993,<br />

Labeling of medicines, published on April 10, 2000), was<br />

published on <strong>February</strong> 9. Publication is made as an invitation<br />

to interested parties for the submission of Spanish language<br />

comments and supporting documentation no later than 60<br />

calendar days after publication of the draft standard.<br />

NOM-218-SSA1-2011, Products and services. Nonalcoholic<br />

flavored beverages, whether or not frozen,<br />

concentrates for their preparation and beverages with<br />

caffeine added. Sanitary specifications and provisions. Test<br />

methods, was published on <strong>February</strong> 10. The standard<br />

* The Foreign <strong>Trade</strong> Report of <strong>Vázquez</strong> <strong>Tercero</strong> & Zepeda is a free publication for our clients and friends. It is not intended to provide specific legal or economic<br />

advice, which shall be obtained according to the particular case and the client’s particular needs. Reproduction or dissemination of the Foreign <strong>Trade</strong> Report for<br />

commercial purposes is strictly prohibited.<br />

Susucribe or unsuscribe email to suscribe@vazqueztercero.com<br />

provides for sanitary provisions and specifications applicable<br />

to non-alcoholic flavored beverages (including sports<br />

beverages), although it does not apply to products that have<br />

a specific sanitary regulation.<br />

Draft NOM-131-SSA1-2011, Products and services.<br />

Beginner’s, continuation and special nutrition formulas. Food<br />

and non-alcoholic beverages for toddlers and small children.<br />

Sanitary and nutritional provisions. Labeling and test<br />

methods, was published on <strong>February</strong> 13. Publication is made<br />

as an invitation to interested parties for the submission of<br />

Spanish language comments and supporting documentation<br />

no later than 60 calendar days after publication of the draft<br />

standard.<br />

3. Sole Po rtal<br />

During the past days, the Sole Portal for Foreign <strong>Trade</strong><br />

(VUCEM, by its initials in Spanish) has been a hot topic<br />

within the customs community becasue its implementation<br />

was set for March 1, <strong>2012</strong>. However, the Mexican Tax<br />

Administration Service has decided to extend the trial period<br />

until June 1, <strong>2012</strong>, although no formal resolution has been<br />

published to this effect.<br />

This tool will allow the one-time delivery of electronic<br />

information to a single administrative agency, with the<br />

purpose of complying with all foreign trade requirements. In<br />

practical terms, it seeks to expedite and simplify the flow of<br />

information between international trade and the government;<br />

and the Tax Administration Service has stated that it will<br />

provide significant benefits to parties involved in cross-border<br />

trade.<br />

The establishment of the Sole Portal is the result of<br />

efforts made by nine Mexican ministries, and will be available<br />

to all players of Mexican foreign trade. It seeks to ensure the<br />

<strong>Vázquez</strong> <strong>Tercero</strong> y Zepeda. www.vazqueztercero.com México DF: +52 55 5534-3636 Guadalajara: +52 33 1031-4076


integrity and security of information provided. Its operation<br />

implies for steps:<br />

a) The interested party shall log into<br />

www.ventanillaunica.gob.mx, insert his/her/its Tax<br />

E-signature (FIEL, by its Spanish acronym), and<br />

conduct an online registration of information related<br />

to the import, export or transit of goods.<br />

b) The information shall be sent electronically to the<br />

relevant government agencies for approval and<br />

authorization.<br />

c) Taxes shall be calculated and debited automatically<br />

from the interested party’s bank account.<br />

When the relevant shipper submits a simplified format,<br />

the Customs agent shall verify the information through a<br />

portable digital device and, if applicable, dispatch the goods.<br />

<strong>Vázquez</strong> <strong>Tercero</strong> y Zepeda. www.vazqueztercero.com México DF: +52 55 5534-3636 Guadalajara: +52 33 1031-4076

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