Mexico moves against unfair apparel imports
The Mexican government has announced a raft of measures designed to boost the domestic apparel and textile industry, and combat “unfair” competition from imports.
The measures, outlined in a Trade Report from Sandler, Travis & Rosenberg, are very similar to those previously announced for the footwear industry.
Outlined by the Ministry of Finance and Public Credit (Secretaria de Hacienda y Crédito Público), the six main measures cover import duties, importer registration, automatic alerts, enhanced surveillance and minimum estimated prices.
Meanwhile, new financing mechanisms will be established to allow Mexico’s domestic textile and apparel producers to modernise their infrastructure and increase exports.
The measures will see textile and apparel importers required to be listed on a sector-specific registry, while minimum estimated prices will be set for raw materials and finished goods.
Mexico will also postpone again an import duty restriction originally due to be implemented on 1 January 2013 and expected to come into effect on 1 January 2015.
The duty reduction from 25% to 20%, covering 73 apparel items and seven textile made-ups, has twice been postponed previously and will now be delayed until 2018.
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