Mexico International Trade Agreements

Mexico`s heavy dependence on the United States as an export market is a likely motivation for seeking free trade and other regional trade agreements with other countries. Slow progress in multilateral negotiations in the WTO could be another likely factor. Some countries view smaller trade agreements as “building blocks” of multilateral agreements. Other motivations could be political. Mexico could try to demonstrate good governance by blocking political and economic reforms through trade partnerships. This section contains information on: 1.- State-State dispute settlement procedure in which Mexico has participated within the framework of the World Trade Organization, for free trade agreements and other international trade agreements. 2.- Investor-State dispute settlement procedures in which Mexico has participated in the framework of free trade agreements and investment promotion and protection agreements. 3.- Work to promote and facilitate the use of arbitration and other alternative methods of settling private international commercial disputes. 1. Laws and Regulations.

This module provides access to the different laws and regulations of foreign trade, such as. (B.dem Foreign Trade Act; customs law; The General Law on Import and Export Taxes, etc. Mexico`s free trade agreement with Central America began with an alliance along the northern triangle with relations between the nations of El Salvador, Guatemala and Honduras. In 2011, Mexico, the countries of origin of Central America and other nations of Costa Rica and Nicaragua signed an agreement that was officially ratified in 2013. The agreement maintained provisions similar to those in NAFTA, which contained little or no tariffs on goods and services and brought in about $5 billion to Mexican exports in 2015. The free trade agreement covers trade in industrial products as well as fishery and seafood products. One of the objectives of the agreement is the phasing out of customs duties. In addition to trade in goods, it also covers trade in services, investment and government procurement. In order to improve competitiveness in the global marketplace, the Secretariat is working to strengthen international trade. It also promotes a progressive trade policy that helps Mexican small and medium-sized enterprises and entrepreneurs grow and succeed. Mexico has also negotiated free trade agreements outside the Western Hemisphere and concluded agreements with Israel and the European Union in July 2000. .