Sunday, March 25, 2007

Mexico and international free trade treaties

Mexico has signed 11 international free trade treaties and 2 complimentary economic agreements since 1993.

Mexico is the only country in the world with active free-trade treaties that cover North American and the entire European Community.

These free trade agreements have made Mexico highly competitive in terms of manufacturing for export to world markets, for the importation of raw materials for manufacturing and for the import of consumer goods for sale in Mexico.

The free trade agreements currently in place include:

  • TLCAN - Includes Mexico, USA and Canada - Initiated January 1, 1994 (NAFTA in English)
  • TLC-G3 - Includes Mexico, Colombia and Venezuela - Initiated January 1, 1995
  • TLC Mexico-Costa Rica - Includes Mexico and Costa Rica - Initiated January 1, 1995
  • TLC Mexico - Bolivia - Includes Mexico and Bolivia - Initiated January 1, 1995
  • TLC Mexico - Nicaragua - Includes Mexico and Nicaragua - Initiated July 1, 1998
  • TLC Mexico - Chile - Includes Mexico and Chile - Initiated August 1, 1999
  • TLCUEM - Includes Mexico and the European Union (Austria, Belgium, Denmark, Finland, France, Germany, Greece, Holland, Ireland, Italy, Luxembourg, Portugal, Spain, Sweden, United Kingdom, Cypress, Czech Republic, Estonia, Latvia, Lithuania, Malta, Poland, Slovakia, Slovenia) - Initiated July 1, 2000.
  • TLC Mexico - Israel - Includes Mexico and Israel - Initiated July 1, 2000
  • TLC Mexico - TN - Includes Mexico, El Salvador, Guatemala and Honduras - Initiated on March 15, 2001 with El Salvador and Guatemala and June 1, 2001 with Honduras
  • TLC Mexico - AELC - Includes Mexico, Iceland, Norway, Liechtenstein and Switzerland - Initiated July 1, 2001
  • TLC Mexico - Uruguay - Includes Mexico and Uruguay - Initiated in July 15, 2004
  • AAE Mexico - Japan - Includes Mexico and Japan - Initiated April 1, 2005

In addition there are Complementary Economic Agreements (ACE’s) in place with Brazil and Argentina.

Related Links

Why you should pay attention to free trade treaties

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