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New origin rule, more felxible for new assemblers
El Economista | October 04, 2018 |

For 2023 the new rate of 75% of automotive regional content will be valid, however the brand new investors firms (BMW,Audi,KIA, etc) are having two more years in order to achieve this rate.

The automotive origin rule is defined with the formula "3+2", which it represents a transition perios from January 1st 2020 till 2023 achieving the rate of 75%.

Source

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