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Its main benefit is to reduce costs to promote the exchange of goods between the three countries of Mexico, the United States and Canada.
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Composed of Mexico, Colombia and Venezuela
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It was born under the objective of strengthening economic, commercial and cooperation relations between the parties.
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Objectives
-Stimulate the expansion and diversification of international trade
-Eliminate barriers to foreign trade and facilitate the circulation of products and services in the free trade area
-Increased investment opportunities
-Promote conditions of legal competition -
Objectives
-Promote the development of exchanges of goods and services
-Increase opportunities and strategic alliances between all countries -
-It establishes a free zone for industrial products -A new agricultural protocol was negotiated in October 2012
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Objectives
-To intensify trade and the economy through the release of levies and restrictions on imports originating in the coordinated countries.
-It is an opportunity to diversify Mexican exports towards a market with high purchasing power -
Made up of Iceland, Liechtenstein, Norway and Switzerland.
-Both sides sought to strengthen investment flows. -
Is subscribed since 2000 under the framework of the LAIA (ALADI).
-It incorporates a general and basic article related to: Market access, non-tariff restrictions, rules of origin, safeguards agreement, unfair practices, trade in services, transport, technical standards, investments, commercial cooperation, industrial property, dispute settlement, -
-Create a larger and more secure market for goods and services produced in both territories
-To provide economic operators with clear and predictable rules for the development of trade and investment -
-Increase investment opportunities
-Promote cooperation and coordination for the effective enforcement of trade competition laws.
- Establish a framework that serves to foster bilateral cooperation as well as the improvement of the business environment. -
-Creation of a free trade area
-Elimination of tariffs -
-Establishing a free trade area
-Boost foreign trade between the four member countries
-Economic development and integration through the application of rules of origin
-Foreign Direct Investment Attraction was sought -
-Stimulate the expansion and diversification of trade between the Parties
-Remove barriers to trade and facilitate the movement of goods and services in the free trade area
-Promoting conditions of fair competition
-Promotion and Investment protection -
The objective is the formation of a free trade area
-Encourage and protect bilateral investment -Establishes the procedure by which the Parties shall settle disputes arising in the application, interpretation or non-compliance of the Treaty -It seeks to avoid imposing unjustified barriers to trade on sanitary grounds and technical standards. -
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The objective is to increase exports of products with higher added value.
-Foster partnerships with SMEs (PyMES) and industries
-Generate investment in technological development sectors
-Access different markets
-Strengthening trade and economic cooperation ties -
-It benefits export sectors because they will be able to sell their products and services, on favourable terms, in the Canadian market, and investment will be encouraged.
-It also benefits domestic producers who will now have the ability to acquire goods and services at more competitive prices, emphasizing efficiency and competitiveness. -
-Increase and diversify exports, eliminating distortions caused by tariffs, import quotas, subsidies and tariff barriers
-Promote the development of economies of scale
-Contribute to improving people's quality of life
-Create mechanisms to defend commercial interests -
-Increase trade flows
-Permanently open the market
-Generating employment from investment -
-Its objective was to establish tariff preferences for imports of products from both countries.
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-Stimulate the expansion and diversification of trade in goods and services between the Parties
-Promoting conditions of fair competition within the free trade area
-Facilitating the movement of goods and services
-Increase investment opportunities -
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-Achieve a preferential relationship
-Reduce and eliminate tariffs and non-tariff barriers to Colombian exports of industrial and agricultural products.
- A level playing field for Colombian companies vis-à-vis their competitors
-Remove barriers that limit Colombia's greater participation in the European market. -
-Deepen Mexico's economic integration with Central America
-Consolidate legal certainty in international transactions with Panama
-Open new markets for Mexican exports. -
-It is a regional integration mechanism integrated by Chile, Colombia, Mexico and Peru
-Build an area of integration with free movement of goods, services, capital and people.
-Boost the growth, development and competitiveness of their economies -
-Achieve preferential access for Colombian products and services in the Asian market
-Strengthening commercial ties
-Attracting investment
-Paving the way for future negotiations with countries such as Singapore and Japan -
-Preferential exchange of goods through tariff reduction
-Access to a market with superior purchasing power
-Strengthen trade ties with Central American countries and attract productive investment from them
-Provide better conditions and guarantees to investors from both countries -
-Facilitate the free movement of goods and services and the full utilization of productive factors
-It represents an opportunity for Colombian exports
-Colombia represents the opportunity to access a potential market
-Increase efficiency and competition among the economies included -
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-Reduce and eliminate tariffs and non-tariff barriers on Colombian exports
-Access to a market with a purchasing power three times higher than that of Colombia
-Improve their economic relations and promote economic cooperation