TRADE ACT

TRADE ACT

1. MAIN OBJECTIVES

   • REGULATE AND PROMOTE FOREIGN TRADE.
   • INCREASE THE COMPETITIVENESS OF THE NATIONAL ECONOMY
   • PROMOTE THE EFFICIENCY USE OF PRODUCTIVE RESOURCES OF THE COUNTRY

2. ARTICLE 1

   • POWERS OF THE FEDERAL EXECUTIVE
     • CREATE, INCREASE, DECREASE OR ELIMINATE TARIFF.
       • ESTABLISH MEASURES TO REGULATE OR RESTRICT THE CIRCULATION OR TRANSIT OF FOREIGN GOODS AS WELL THE EXPORT AND IMPORT OF GOODS THROUGH AGREEMENTS.

3. ARTICLE 4

   • CONDUCT INTERNATIONAL TRADE NEGOTIATIONS
     • COORDINATE THE PROMOTION OF FOREIGN TRADE

4. ARTICLE 5

   • The amount of the fines and established amounts in national currency, will be updated in the article 70 of the FCF.

5. ARTICLES 6 TO 8

   • COMISSION OF FOREIGN TRADE COCEX
     • COMISSION MIX TO PROMOTE THE EXPORTATION : COMPEX

6. ARTICLE 12

   • INCLUDE THE TYPES PF TAXES: AD VALOREM, EXPECIFIC AND MIXED.

7. ARTICLE 13

   • TACKLE TARIFF QUOTA AND TARIFF SEASONAL

8. ARTICLE 15

   • RRNA ABOUT IMPORTS

9. ARTICLE 16

   • RRNA ABOUT EXPORTS

10. ARTICLE 17

    • MEASURES ABOUT THE RRNA

11. ARTICLE 35

    • FORMALITIES AND ACTS ABOUT IMPORTS AND EXPORTS

12. ARTICLE 36

    • VALIDATION OF THE ENTRY REQUEST