Free Trade Agreements (FTA) of Mexico
- Free Trade Agreements
(FTA) of MERCOSURCourse summary Mexico Mercosur Economic Complementation Agreement
(ACE)
The MERCOSUR - Mexico Economic Complementation Agreement (ACE No 54)
establishes a legal framework for trade relations and sets the basis for
periodic negotiations towards a free trade agreement.
The Agreement covers negotiations between the MERCOSUR bloc and Mexico,
including the Mexico-MERCOSUR agreement on the auto sector, as well as bilateral
negotiations between individual MERCOSUR countries (Argentina, Brazil, Paraguay
and Uruguay) and Mexico.
The agreement came into force between Argentina, Brazil, Mexico, Paraguay and
Uruguay on 5 January 2006.
Mexico and the Mercosur countries have two Economic Complementation Agreements:
1) ACE-54 MERCOSUR-Mexico
Signed on 05/07/02, is a framework agreement that aims to lay the groundwork for
a possible future free trade area between Mexico and the MERCOSUR Member States.
- Signature: July 5, 2002
- Effective: January 5, 2006
2) ACE-55 MERCOSUR-Mexico (automotive sector)
Agreement in force since 01/03/03, exclusively for the automotive sector
products (vehicles and auto parts).
Trade between Mexico and Mercosur is about 13 billion dollars, while Mexican
investments in Mercosur member countries totaling 20 billion dollars.
FTA Mexico - Uruguay
Example of the course Mexico Mercosur Economic
Complementation Agreement (ACE) (ACE):
The Mercosur was created by
Argentina, Brazil, Paraguay and
Uruguay in March 1991
with the signing of the Treaty of Asuncion.
Associate members: Bolivia, Chile, Colombia, Ecuador and
Peru.
Observers: Mexico.
Educational level: Continuing education / Executive education programs.
International Business
