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The Ministry of Economics extends the suspension of terms period.

In order to mitigate and contain the spread and transmission of the SARS-CoV2 virus, on May 29th, an Agreement was published in the Federal Official Gazette (“DOF”, by its acronym in Spanish), establishing an extension to the suspension period, terms and activities of the Ministry of Economics until June 15th, 2020. The activities will be able to be resumed in advance if case that the healthcare authority so determines it.

Notwithstanding the foregoing, for purposes of procedures regarding unfair international trade practices, foreign trade matters and procedures before the National Registry of Foreign Investments, the terms and periods will continue to run normally; therefore, these procedures must be submitted online through the applicable platforms or via email.

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The above is provided as general information prepared by professionals with regard to the subject matter. This document only refers to the applicable law in Mexico. While every effort has been made to ensure accuracy, no responsibility can be accepted for errors or omissions. The information contained herein should not be relied on as legal, accounting or professional advice being rendered.