BIS Issues Proposed Rule to Extend Duration of License Exception TMP for Manufacturing in Mexico

On 23 August 2016, BIS published a proposed rule that would extend the time limitation on temporary exports of controlled items to Mexico under license exception TMP (15 CFR §740.9). The rule would align TMP with Mexico’s Decree for the Promotion of Manufacturing, Maquiladora and Export Services (IMMEX) programme, which provides for quota- and tax-free imports of goods for use in manufacturing in Mexico. License exception TMP currently allows temporary exports of up to one year for most eligible items. The propose rule would extend that period to up to four years, the maximum available time for temporary imports under the IMMEX programme.