Adjustments in Mexico’s Maquiladora Program to Incorporate NAFTA’s Article 303
As provided by NAFTA, Article 303 will enter into force next January 1st, 2001.
Adjustments in Mexico’s Maquiladora Program to Incorporate NAFTA’s Article 303
As provided by NAFTA, Article 303 will enter into force next January 1st, 2001.
Mexico and EFTA Conclude Negotiations for an FTA
Mexico’s wide network of free trade agreements was further enhanced on November 3, 2000, with the conclusion of the negotiations that Mexico and the member states of the European Free Trade Association (EFTA) had been holding since July 2000.
NAFTA Builds a Robust North American Economy
In 1994, Canada, Mexico and the United States launched the North American Free Trade Agreement (NAFTA) and formed the world’s largest free trade area with more than 400 million consumers.
The Mexican Economy Performs Strongly
The implementation of NAFTA has led to strong economic growth in North America.
Mexico and the U.S. Sign Antitrust Cooperation Agreement
Mexico’s Secretary of Commerce Herminio Blanco, the U.S. Assistant Attorney General Joel Klein and the Chairman of the U.S. Federal Trade Commission (FTC) Robert Pitofsky signed an antitrust cooperation agreement that will enable the FTC and Mexico’s Federal Competition Commission (FCC) to improve enforcement of both countries’ competition laws.
Mexico Establishes an FTA with Guatemala, Honduras and El Salvador
On June 29, President Ernesto Zedillo, along with Presidents Fransisco Flores of El Salvador , Alfonso Portillo of Guatemala, and Hondouras’ Presidential Appointee William Handal, signed in Mexico City a Free Trade Agreement between Mexico and the Northern Triangle countries.
NAFTA Success High on Presidential Agenda
On June 7, Mexican President Ernesto Zedillo began his ninth and last official visit to the U.S. which served to evaluate the legacy of the Clinton and Zedillo administrations.
Mexico’s Automotive Industry Successfully Competes in the Global Market
Mexico is playing a key role in the ongoing globalization of auto productions thanks to its trade and investment liberalization policies which have encouraged high levels of productivity.
The Mexico-EU Free Trade Agreement
On March 23, during the European Union Meeting of Foreign Affairs and Commerce Ministers in Lisbon, Portugal, Presidents Ernesto Zedillo of Mexico, Antonio Guterres of the EU, and Romano Prodi of the European Commission signed the Lisbon Declaration and the Free Trade Agreement between Mexico and the EU.
NAFTA’s Effect on U.S. Employment is Positive
In January 2000, the University of California-Los Angeles published the study “The U.S. Employment Impacts of North American Integration after NAFTA: A Partial Equilibrium Approach”.
Environmental Protection Along the Mexico-U.S. Border Improves
Since NAFTA became effective, environmental institutions for the U.S.-Mexico border -the Border Environmental Cooperation Commission (BECC) and the North American Development Bank (NADBank)- have made evident that increased trade flows can go hand in hand with environmental protection.