The peso closed the session with an appreciation of 0.25% or 5.5 cents, trading around 22.14 pesos per dollar, as a result of the general weakening of the US dollar that, according to the weighted index, registered a 0.49% drop to a minimum of 1,164.15 points, its lowest
The Agreement between Mexico, the United States and Canada (USMCA, or Treaty) entered into force on July 1, 2020 and the following are 23 frequently asked questions about that trade agreement, according to the Tax Administration Service. The USMCA establishes that the certification of origin can be
The government of Mexico received a total of 2,931,400 import requests during the first half of 2020, a 12.6% year-on-year drop. In general, a petition is a kind of tax declaration related to compliance with tax obligations in foreign trade, through which the importer or exporter declares to
In Mexico’s customs, drugs, weapons, dollars, hydrocarbons and cigarettes were seized in the first half of 2020, highlighted the Ministry of Finance and Public Credit (SHCP). If the General Administration of Customs (AGA) finds any inconsistency, it carries out the lifting of the PAMA, which begins with the
The government of Mexico initiated 3,632 Administrative Procedures in Customs Matters (PAMAS) for imports in the first half of 2020, 2.6% more than those carried out in the same period of 2019. The PAMAS are procedures established in the Customs Law, through which the customs authorities precautionary seizure
The peso starts the session with an appreciation of 0.64% or 14.1 cents, trading around 22.06 pesos per dollar, as a result of a general weakening of the US dollar, whose index falls for the fifth consecutive session and loses 0.31%, reaching 1,167.92 points, its lowest level since