On June 2, 2022, in the Diario Oficial, Mexico’s Ministry of Economy published the quotas applicable to new vehicles coming from Argentina under the framework of the Agreement between Mexico and MERCOSUR. The quota is for $773,125,578 USD allocated annually for three years. The quota is applicable for several vehicles classified in Headings 87.03 and 87.04. The entry into force was the day of publication, and it will be valid until March 18, 2025.
For more information please visit: https://www.dof.gob.mx/nota_detalle.php?codigo=5654065&fecha=02/06/2022#gsc.tab=0