ANNOUNCEMENT 26 Jun 2017

The Mexican Government increased foreign ownership limits in certain air transport services as well as for the supply of fuels and lubricants for ships, aircraft and railway equipment.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Official Gazette of Mexico. Diario Oficial de la Federación. Secretaria de Comunicaciones y Transportes. DOF 26/06/2017. "Decreto por el que se adiciona un inciso y) a la fracción III del artículo 7o., y se deroga la fracción II del artículo 7o. de la Ley de Inversión Extranjera." Available at: http://www.dof.gob.mx/nota_detalle.php?codigo=5488029&fecha=26/06/2017

Official Gazette of Mexico. Diario Oficial de la Federación. DOF 27/12/1993. "Ley de Inversión Extranjera" Available at: http://dof.gob.mx/nota_detalle.php?codigo=4817271&fecha=27/12/1993

Inception date: 26 Jun 2017 | Removal date: open ended
Still in force

FDI: Entry and ownership rule

On June 26, 2017, the Mexican Secretary of Communication and Transports adopted a Decree increasing from 25% to 49% the limits on foreign ownership in domestic air transport service; non- scheduled international air transport service in air taxi modality; specialized air transport service; and supply of fuels and lubricants for ships, aircraft and railway equipment.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A