viernes, abril 19, 2024
Economy and Tourism

T-MEC Panel releases Final Report on automotive rules of origin / @SE_mx >>>

#SE.- The Panel constituted pursuant to the Agreement between the United Mexican States, the United States of America and Canada (T-MEC), today released its Final Report on the United States – Automotive Rules of Origin dispute (USA-MEX-2022-31-01).

According to its ruling, the Panel determined that the T-MEC allows vehicle manufacturers to consider the essential parts of a finished vehicle (engine, transmission, body, etc.) as originating, once, separately, such parts have met the minimum percentage of regional content (75%), using the alternative methodologies established by the same treaty.

In the coming days, Mexico will initiate a process of dialogue and cooperation with its trading partners to address the Final Report.

Mexico reiterates its commitment to dialogue as the best tool for strengthening North American trade integration.

For more information, please visit the following link: https://www.economia.gob.mx/files/gobmx/comercioexterior/ficha_tmec_roo.pdf

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