On March 2, the Ministry of Foreign Trade and Tourism (Mincetur, in Spanish) launched a public consultation on the regulations implementing the information module on foreign trade logistics services (MISLO, for its acronym in Spanish). The aim of this tool is to provide greater transparency in the logistics market so that users can find information on suppliers and their services. Interested parties can send their comments on the draft until March 22, 2020, to the following e-mail: [email protected].

The Vice-Minister of Foreign Trade, Sayuri Bayona, explained that the MISLO will contain the description, prices and list of foreign trade logistics services. Users can employ the module to access the logistics services offered by formal suppliers so that they can “take the right decision about the services to be contracted to perform their commercial operation,” said Bayona.

Also, the regulations indicate that if the right authentic, complete and error-free information is not provided and displayed before the deadlines set, MSLO operators will be subject to penalties, based on the Tax Unit value (UIT) of up to a maximum of ten UIT.