On September 8, 2006, the International Commercial Practices Unit (known by its initials in Spanish UPCI) of the Mexican Departmentof the Economy published in the Official Journal of the Federation a decree giving notice of the elimination of compensatory dutiesimposed on the following products: steel I-beams originating in the Federal Republic of Brazil (deadline to file notice of interest: August28, 2007); furazolidone originating in the People’s Republic of China and European Union (filing deadline: September 18, 2007);Trichloroisocyanuric acid originating in the People’s Republic of China (filing deadline: November 9, 2007); and footwear and theircomponents originating in the People’s Republic of China (filing deadline: November 9, 2007). The decree states that Mexicanproducers of merchandise that are subject to the compensatory duty may submit a request to the UPCI with 25 days’ advance notice during the term of such compensatory duties, requesting the authorities to begin a review procedure lasting six months to one year inorder to determine the consequences of removing the applicable compensatory duty. The decree also reminds interested parties that,unless they file a statement of interest to initiate a review procedure within the stated time periods, the compensatory duties will beeliminated by means of a decree that will be published by the Department of the Economy.
