For Immediate Release: May 29, 2013
Contact: Mara lee (202) 482-3809
U.S. Exporters Benefit from New Streamlined Audit Procedures Implemented by Mexican Government
Workshop held in Mexico City on the implementation of new procedures
MEXICO CITY – U.S. Under Secretary of Commerce for International Trade Francisco Sánchez and representatives from 20 U.S. textile companies joined Mexican government officials today in Mexico City for a workshop regarding recently implemented and streamlined audit procedures for the verification of products entering Mexico.
The procedures seek to avoid the illegal transshipment of textiles and other products under the North American Free Trade Agreement (NAFTA). The new approach will use a sampling method with the intent to reduce the amount of paperwork, cost and time for U.S. companies to comply with the rules.
“I am pleased the Mexican authorities have implemented these new procedures,” said Sánchez. “There was a great deal of concern on the part of U.S. exporters about the costly and overly burdensome process that was in place for years. I appreciate Mexico hosting this workshop and being responsive to our industry´s concerns.”
Mexico is the United States’ second largest export market, and trade between both nations was nearly $500 billion in 2012. The textile and apparel sector is a key component of the trade between the United States and Mexico, accounting for almost $10 billion last year. The sector had been significantly impacted by the previous product verification rules.
“During the last 18 months, I have been contacted by more than two dozen U.S. textile companies alone, and I am pleased to lead a delegation of U.S. textile and other companies to Mexico to hear first-hand the new streamlined process,” said Sánchez.
International Trade Administration
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