Global Trade Alert

On 4 July 2014, the Ministry of Finance and Public Credit issued a Resolution amending the Foreign Trade General Rules (FTGR). The reform includes several changes to the FTGR.
 
Among the changes is a requirement for importers of certain types of goods to declare if their products are protected by a trademark and if the importer is holding the title for the registered trademark in Mexico. To comply, importers have to declare the number corresponding to the authorization granted by the Mexican Patent and Trademark Office (IMPI).

The above mentioned changes especially affect importers of: cigarettes, alcoholic beverages, medicine, perfumes, purses and wallets, apparel goods, footwear, eyeglasses and watches.
 
After many importers expressed their concern about the declaration process, the Mexican government decided to postpone the implementation of the new rules from the 25 July 2014 until further notice.
 
The GTA will update this report once new information becomes available.