ANNOUNCEMENT 09 Jun 2016
The Mexican Government reduced to 0% the import tariff quotas applied on fresh, chilled and frozen beef, as well as on rice.
NUMBER OF INTERVENTIONS
Secretariat of Economy. Secretaría de Economía. Decreto por el que se establece el arancel-cupo a la importación de las mercancías que se indican. DOF: 08/06/2016.
On June 8, 2016, the Mexican Secretariat of Economy passed a Decree announcing the establishment of duty-free import tariff quotas applied to cattle bought for fattening; fresh, chilled and frozen beef; and rice. The previous tariff quotas values applied to these tariff lines ranged from 15% to 25% in the case of beef and 9% and 20% in the case of rice.
In order to apply for the quota, importers must hold an import quota certificate given by the Secretary of Economy, as well as fulfil with the requirements imposed by the same administration.