IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 29 May 2013 | Removal date: 28 Apr 2014
Still in force

FDI: Entry and ownership rule

On 29 May 2013, the government of Mexico via General Resolution 14 introduced modifications to article 9 of the Foreign Investment Law.
 
The specific amendments introduced refer to the amount of the aggregate assets' value embedded in article 9 of the Foreign Investment Law.
 
Article 9 states that: The Mexican National Commission of Foreign Investments is required to issue a Favourable Resolution, in order to enable foreign investors to hold + 49% of the capital stock of Mexican companies, in cases when the aggregate assets' value of these companies is higher than the aggregated annual value amount determined by this Commission.
 
The newly established amountin 2013 is MXN 3.493.603.960.10(approximately USD 184 million).
 
The previous set amount in 2012 was MXN 3.244.014.508.30(approximately USD 171 million).
 
This specified Resolution on 29 April 2014 was replaced by Resolution 15, and was therefore no longer in force (please see related measures).

AFFECTED COUNTRIES

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