Trade And Logistics 2011 - Maquiladoras/IMMEX Compliance - Laws and Regulations

Why Should You Attend:
If you have an IMMEX plant, are planning to incorporate one, or do business or deal with an IMMEX, this webinar is for you. It will help you understand how these plants are controlled and operated, and why specific documentation and information is required by various parties in the supply chain.

When Maquilas and PITEX programs were initially created in Mexico, each one had a different purpose with separate and distinct regulations. At the same time, both programs received administrative, accounting and customs benefits. They were an important part of the Mexican economy and represented more than 80% of the total manufacturing for Mexican exports.

However, due to the duty deferral and drawback restrictions imposed under the North American Free Trade Agreement (NAFTA), Maquilas and PITEX would no longer continue receiving the same benefits. Consequently, the Mexican government dismantled them and in their place created a new program known as IMMEX (Manufacturing, Maquiladora and Export Services Industry) that represented a new opportunity for the trade community.

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