Mexico-MERCOSUR Agreement

The Subject “Mexico-MERCOSUR Economic Complementation Agreement” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Masters (MIB): International Business, and Global Relations.

Doctorate (DIB): American Business, World Trade.

Learning materials in MERCOSUR-México MERCOSUL Mexico MERCOSUR.

Mexico-MERCOSUR Economic Complementation Agreement.

The MERCOSUR-Mexico Economic Complementation Agreement (ACE No 54) establishes a legal framework for the international trade relations and sets the basis for a periodic negotiations towards a Free Trade Agreement.

The Mexico-MERCOSUR Economic Complementation Agreement covers the negotiations between the MERCOSUR (Argentina, Brazil, Paraguay, Uruguay) and Mexico, including the Mexico-MERCOSUR Agreement on the automotive sector, as well as the bilateral negotiations between the individual MERCOSUR Countries and Mexico.

The Economic Complementation Agreement came into force between Argentina, Brazil, Mexico, Paraguay, and Uruguay in 2006.

Mexico and the Southern Common Market (MERCOSUR) countries have two Economic Complementation Agreements:

1. ACE-54: MERCOSUR-Mexico Economic Complementation Agreement;
2. ACE-55: MERCOSUR-Mexico (automotive sector).

Foreign Trade Mexico-MERCOSUR

1. International Trade between the United Mexican States and the MERCOSUR: 13 billion dollars;
2. Mexican foreign direct investment in the MERCOSUR: 20 billion dollars.

The agreement between Mexico and the MERCOSUR belongs to the Latin American Economic Area (Western-Christian Civilization).

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