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Mexican Imposed Sanctions

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The new version of the Mexican General Import and Export Duties Law, including its tariff schedule, published on June 7, 2022, became effective on December 12, 2022. Consequently, several administrative regulations updating tariff classifications also became effective on that same date. This includes the latest amendments to the Export Controls Regulation, published on November 24, 2022 and the Embargoes Regulation, published on October 11, 2022. In Mexico, non-tariff regulations and restrictions, including Export Controls and Sanctions (Embargoes) are imposed based on…