On September 12, 2024, the Ministry of Economy published in the Official Gazette of the Federation a resolution declaring the initiation of an antidumping investigation on imports of epoxidized soybean oil originating from...more
On April 15th, the 'Agreement amending the agreement by which the Ministry of Economy issues General Rules and Criteria on Foreign Trade' (the 'Agreement')1 was published in the Official Gazette of the Federation, which will...more
In a difficult M&A market, deal flow between Mexico and Spain has continued to deliver opportunities for dealmakers in both jurisdictions. Both markets have faced challenges over the past 12 months, with rising interest...more
On February 5, 2024, President Andrés Manuel López Obrador submitted to the Chamber of Deputies a package of 18 constitutional amendments and two legal reform initiatives ("Initiatives") that aim, among other aspects, to...more
The Petition -
On December 29, 2023, the U.S. Glass Producers Coalition ("Petitioners") filed an antidumping duty ("ADD") petition on imports of certain glass wine bottles from the People's Republic of China ("China"), the...more
1/4/2024
/ Anti-Dumping Duty ,
Chile ,
China ,
Countervailing Duties ,
Importers ,
Imports ,
International Trade Commission (ITC) ,
Investigations ,
Mexico ,
Tariffs ,
U.S. Commerce Department
On October 23, 2023, the Mexican Executive published in the Federal Official Gazette the "Decree establishing measures to combat the illicit market of fuels, related to the importation of goods regulated by SENER" ("Decree")....more
Mexico continues issuing rules to entice nearshoring investments. On October 11, 2023, the Federal Government published the Decree Granting Tax Benefits to key Export Sectors Consisting of the Accelerated Depreciation of the...more
The United States has requested the establishment of a bilateral dispute settlement panel under the United States – Mexico – Canada Agreement (USMCA) against Mexico's Presidential Decree of February 13, 2023,2 establishing a...more
An average tariff of 25% will be imposed on steel, textile, footwear, chemicals, and other products until July 31, 2025, for countries with whom Mexico does not have a preferential or free trade agreement....more
This client alert follows the one dated April 20, 2023, in which we described the main points of the initiative to amend the law and regulations in the mining sector presented by the President on March 28, 2023 (the...more
On March 28, 2023, the President sent to the Chamber of Representatives an initiative to amend the law and regulations in the mining sector (the "Initiative").
Purpose of the Initiative -
Through the Initiative, the...more
On March 24, 2023, President Andrés Manuel López Obrador sent to the Chamber of Deputies an initiative proposing the amendment of more than 20 federal laws ("Initiative") to strengthen the powers of the president and its...more
On March 1, 2023, the Resolution A/004/2023 of the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") entered into force with the purpose of resuming the legal terms of the procedures carried out before said...more
While the Washington Consensus policies resulted in seven years of economic growth in the 1990s, the years that followed brought about a period of recession and stagnation -
71% US trade with Latin America is dominated...more
11/1/2022
/ Biden Administration ,
Enforcement ,
Foreign Investment ,
Free Trade Agreements ,
Free Trade Area of the Asia-Pacific (FTAAP) ,
Geopolitical Risks ,
Inflation Adjustments ,
Interest Rates ,
International Monetary Fund ,
Latin America ,
MERCOSUR ,
Mexico ,
NAFTA ,
Tax Reform ,
Trade Relations ,
United States-Mexico-Canada Agreement (USMCA) ,
World Bank
On August 23, 2022, President of Mexico Andres Manuel Lopez Obrador issued a Decree (published in the Diario Oficial de la Federación on August 24, 2022) setting up a new state-owned company called LitioMx (Litio para...more
On August 9, 2022, the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") published a new preliminary draft of "General Provisions that establish the procedure and requirements to obtain the authorization...more
On July 26, 2022, the Energy Regulatory Commission (“CRE”) published a preliminary draft of new “General Administrative Provisions that establish the requirements for the filing of applications, updates, modifications and...more
On August 1, 2022, the Energy Regulatory Commission ("CRE") published a preliminary draft of new "General administrative provisions that establish the requirements for the submission of applications for permits,...more
On July 20, 2022, the United States requested consultations with Mexico under the Dispute Settlement chapter of the United States-Mexico-Canada Agreement (USMCA), arguing that several of Mexico’s energy policies are...more
7/22/2022
/ Biden Administration ,
Canada ,
Climate Change ,
Energy Sector ,
Investment ,
Market Access Rule ,
Mexico ,
Natural Gas ,
Oil & Gas ,
Paris Agreement ,
State-Owned Enterprises ,
United States-Mexico-Canada Agreement (USMCA)
Investors in the Mexican energy sector are facing evolving challenges, as the Mexican government is making good on threats to increase state interference in the sector through the implementation of changes in electricity...more
7/20/2022
/ Clean Energy ,
Climate Change ,
Energy Reform ,
Energy Sector ,
Federal Electricity Commission (CFE) ,
Foreign Direct Investment ,
Investment ,
Lithium Batteries ,
Mexico ,
PEMEX ,
Renewable Energy ,
Risk Assessment ,
Solar Energy ,
Sustainability
On June 15, 2022, the Energy Regulatory Commission ("CRE") published in the Federal Official Gazette the Resolution No. A/015/2022 by means of which the Energy Regulatory Commission establish the scenarios that constitute a...more
Rules Applicable to Unconstitutionality Actions -
Unconstitutionality actions are abstract constitutional control mechanisms available to certain Governmental entities.1 The legal standard to accept and initiate these types...more
On March 30, 2022, the Energy Regulatory Commission ("CRE") published in the Federal Official Gazette the "General Provisions that establish the terms for submitting information regarding corporate purpose, legal, technical...more
On February 17, 2022, the Ministry of Economy and Ministry of Energy published in the Federal Official Gazette (the "DOF") the "Resolution that abrogates the resolution that suspends all the consequences derived from the...more
On 16 February 2022, the First Chamber of the Supreme Court of Justice ("SCJ") ruled in favor of the Ejidal Commissariat and the Nahua Indigenous Community of Tecoltemi, ordering the withdrawal of two mining concessions from...more