The Mexico-Central America Free Trade Agreement

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Next September 1, 2013, Mexico will have a free trade zone with Central America, as the Free Trade Agreement (FTA) with Guatemala starts effects.

Previously, this FTA started effects for El Salvador (September 1, 2012), Nicaragua (September 1, 2012), Honduras (January 1, 2013) and Costa Rica (July 1, 2013).

The free trade zone is established according to the GATT and GATS, following the rules of national treatment, most favoured nation, transparency, rules of origin and of course exceptions.

This FTA only applies between Mexico and the other parties, but not among them.

As Mexico is becoming a manufacturing powerhouse and pushing transforming reforms, it will also become an export plataform for the world using their free trade agreements.

What do you think?

Topics:  Free Trade Agreement, GATT, Mexico

Published In: General Business Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Alberto Esenaro, Alberto Esenaro | Attorney Advertising

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