Mexico-Chile Free Trade Agreement

EENI- School of International Business

Sub-subject: Mexico-Chile Free Trade Agreement (FTA). Syllabus:

1. Introduction to the Free Trade Agreement (FTA) between Mexico and Chile
2. Foreign Trade and Investment Flows between Chile and Mexico

Sample of the Sub-subject: Mexico-Chile Free Trade Agreement (FTA)

Description of the Sub-Subject: Mexico-Chile Free Trade Agreement (FTA)

The Free Trade Agreement (FTA) between Chile and the United Mexican States entered into force in 1999.

The Mexico-Chile Free Trade Agreement covers all the topics related to the international trade and foreign direct investment (FDI).

The main objective of the Mexico-Chile Free Trade Agreement is to set up a free-trade area.

The purposes of the Free Trade Agreement (FTA) between Chile and Mexico are the following:

1. To promote the growth and diversification of the international trade between Chile and the United Mexican States
2. To eliminate barriers to the international trade and facilitate the movement of the export products and services in the free-trade area
3. To promote the conditions of fair competition in the free-trade area
4. To increase substantially the foreign direct investment opportunities
5. To protect intellectual property rights
6. To establish efficient procedures for the application and observance of the Mexico-Chile Free Trade Agreement (FTA), for its joint administration and dispute settlement

Under the Chile-Mexico Free Trade Agreement (FTA), all the export products are free of tariff; except 94 items that are subject to the general import regime in the United Mexican States, and must pay the appropriate fee (58 are for food products).

Foreign Trade Mexico-Chile.

1. The United Mexican States was the seventh largest trade partner of Chile, with total trade of 3,864 million dollars
2. The Chilean exports to Mexico: 1,844 million dollars (an annual rise of 26.1%)
3. 985 companies from Chile exported 1,240 products to the United Mexican States

Chile and Mexico are members of the Asia-Pacific Economic Cooperation (APEC) and belongs to the Latin American Economic Area of the Western Christian Civilisation.