Mexico-Peru FTA Comes into Force
From the NAFTAWorks office
Today, the Free Trade Agreement (FTA) between Mexico and Peru came into force. The agreement is aimed to expand trade between the two countries and encourage higher levels of return on investments. The agreement covers areas such as trade in goods and services, investment, and dispute settlement pro...

Mexico Enhances Trade Facilitation through a Single Window
From the NAFTA Works Office
Mexico has recently launched an innovative Single Window for Trade (Ventanilla Unica) to significantly facilitate trade with its main trading partners and the rest of the world. Promoting trade is not just about reducing or eliminating tariff and non-tariff barriers, but also about moving increasing...

NAFTA origin verifications.
by Guillermo Sanchez Chao. Article provided by Chevez, Ruiz, Zamarripa LLC
It has come to our attention that the Mexican Tax Authorities (SAT) have recently increased their NAFTA origin verification procedures to exporters and producers located in the United States of America and Canada. The majority of said procedures are being executed by means of NAFTA questionnaires in...

FIRST MEXICAN TRUCK CROSSES TO THE UNITED STATES TO PROVIDE INTERNATIONAL LONG-HUAL CARGO SERVICES
From the NAFTA Works Office
Today a truck from Transportes Olympic, the first Mexican carrier to be issued operating authority provide long-haul international cargo services between Mexico and the United States, departed from Nuevo Laredo, Tamaulipas to deliver machinery used for drillingto Garland, Texas. This marks the firs...

Mexico Extends Tax Breaks For Export Companies
by Mike Godfrey, Tax-News.com, Washington
Mexico’s President Felipe Calderón has announced the extension, to December 31, 2013, of the corporate tax breaks provided under the IMMEX scheme, which provides incentives for the country’s export companies. Manufacturers located in the United States, as well as in other countries, utilize IMMEX...