Sunday, January 29, 2017

Central america and Mexico reaffirm their commitment to free trade – Forbes Mexico

the governments of The central american countries and Mexico held a meeting in which they reaffirmed their commitment to maintain their Free-Trade agreement.

The authorities reviewed matters related to the operation of the treaty in the matter of Rules and Certificates of Origin, Market Access, Sanitary and Phytosanitary Measures, Trade Facilitation, and government Procurement, among others.

Also, Mexico and Central america have reaffirmed their commitment to free trade, the mobility of capital and productive integration.

This Treaty Mexico-Central america is part of the strategy of commercial integration of Mexico with Latin America, whose aim is to stimulate and diversify the trade of goods and services.

you Can read: Chile, too, says goodbye to the TPP

Among the main agreements reached include the signature of the decision establishing the implementation of regulations that determine the guidelines that will allow to solve the problems of some companies in their commercial transactions.

in Addition, it established the Committee on Services and Investment, which will facilitate the exchange of information between the parties and the technical co-operation.

The free trade agreements between Mexico and Central america are: FTA Mexico-Costa Rica in effect since the first of January 1995; FTA Mexico-Nicaragua, in force since first of July, 1998, and NAFTA between Mexico and The Republics of el Salvador, Guatemala, and Honduras, in force since 15 march 2001.

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