Mexico: Mexico Decree to Exempt Select Importers from Payment of Import Duties and to Facilitate Administrative Procedures for Various Products of the Basic Supply Basket

On October 19, 2022, the Government of Mexico published a decree to temporarily exempt select importers from payment of import duties for certain goods and to facilitate administrative procedures as applied to the importation of select basic goods (mostly food items). The decree is valid through February 2023 and may be extended until December 2023. The decree establishes a Registry of Importers of the Basic Basket and companies approved to participate become eligible to import products under the special scheme. This report provides an unofficial translation of the announcement.