May 16th will see Mexico joining the ATA Carnet system which reduces paperwork and costs for businesses travelling with goods. Mexico’s large economy and geographic position make it both an important international trading partner and transit point for goods.
Seventy-one countries now accept ATA Carnets, which are much like passports for goods imported into and exported out of a country. More than 160,000 Carnets are issued every year worldwide, for goods valued in excess of US$20 billion. Carnets cover all goods traded internationally, with the exception of perishable items.