Compensatory Duties Expire

August 24, 2007
Compensatory Duties Expire

On September 8, 2006, the International Commercial Practices Unit (known by its initials in Spanish UPCI) of the Mexican Departmentof the Economy published in the Official Journal of the Federation a decree giving notice of the elimination of compensatory dutiesimposed on the following products: steel I-beams originating in the Federal Republic of Brazil (deadline to file notice of interest: August28, 2007); furazolidone originating in the People’s Republic of China and European Union (filing deadline: September 18, 2007);Trichloroisocyanuric acid originating in the People’s Republic of China (filing deadline: November 9, 2007); and footwear and theircomponents originating in the People’s Republic of China (filing deadline: November 9, 2007). The decree states that Mexicanproducers of merchandise that are subject to the compensatory duty may submit a request to the UPCI with 25 days’ advance notice during the term of such compensatory duties, requesting the authorities to begin a review procedure lasting six months to one year inorder to determine the consequences of removing the applicable compensatory duty. The decree also reminds interested parties that,unless they file a statement of interest to initiate a review procedure within the stated time periods, the compensatory duties will beeliminated by means of a decree that will be published by the Department of the Economy.

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