MEXICO - On 30 December 2013, the Secretariat of Economy (SE) announced in the Diario Oficial (Mexico’s Federal Register) the modification to the rules to import milk powder duty-free from Most Favored Nations (MFN) as part of its World Trade Organization (WTO) commitment.
The provisions included in this announcement entered into force on 31 December 2013. US milk powder will continue to be granted unlimited duty-free access to the Mexican market under NAFTA.
On 30 December 2013, Mexico's SE announced in the Federal Register the modification to the rules to import, during 2014, milk powder duty-free from MFNs as part of its WTO commitment.
These modifications would allow the efficient usage of non-allocated and non-obligated amounts by reallocating the remainders of the 2013 TRQ amount among interested parties.
On 19 December 2012, SE published the 2013 TRQ amounts to be imported under WTO rules, allowing a total of 80,000 metric tons (MT) of milk powder (See MX2097).
Of this amount, 40,000 MT was allocated to the public sector, 37,086.4 MT to the private sector, and 2,913.6 MT specifically to the Southern Border Region.
Reportedly, although allocated, the 80,000 MT were not completely obligated.
As previously reported, this TRQ announcement entered into force on 1 January 2013 and it is valid until its cancellation, which should be announced in the Federal Register when applicable.
Disclaimer: This summary is based on a cursory review of the subject announcement and therefore should not, under any circumstances, be viewed as a definitive reading of the regulation in question, or of its implications for U.S. agricultural export trade interests. In the event of a discrepancy or discrepancies between this summary and the complete regulation or announcement as published in Spanish, the latter shall prevail.
You can view the full report by clicking here.
TheCattleSite News Desk
Top image via Shutterstock