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Free Trade

Mexico trades products such as machinery, textiles, leather goods, chemicals and metals with many other countries, especially the USA, Spain, Germany, the UK,  France and Japan. Mexico´s economy has become more "open" to foreign investors  and a true free-market economy.

It is hoped that this  will improve the standard of living for many Mexicans and make the economy  stronger. Mexico is part of a special trade agreement with the United States and Canada called the NAFTA. This stands for North American Free Trade Agreement. All three countries agreed to lower their tariffs (taxes) on goods exported to each other, so that trading between them has improved. Mexico also has similar trade agreements with some countries in Latin America like Colombia, Venezuela, Chile, Bolivia and Costa Rica.

 


Mexico signed a Free Trade Agreement (EFTA) with the EU in July 2000. Companies in Europe and Mexico can now trade with each other on very favourable terms.  In November, 2001 a Free Trade Agreement has been signed between Mexico and Switzerland. With that regard, read all about the opportunities in this complete below document

Acuerdo.PDF
600KB-Spanish