A Glance of the Free Trade Agreement between Mexico and the European Union

2003

Mexico has had a notable trade performance in the last years as result of a process of economic liberalisation and internal structural reforms that started in the mid-1980s and consolidated in the 1990s by establishing a network of free trade agreements. The FTA between the European Union and Mexico is a consequence of many advantages, among others to open up a bigger markets, same legal footing as their competitors and new potential investments. The liberalisation is phased until 2007. Mexico has had a big jump in exports through NAFTA, and nowadays has a preferential access to the world's largest market, the EU. In addition, Mexico offers better conditions for investment because the work …