Mexico Signs Free Trade Agreement With Central American Countries

The Ministry of economic affairs of Mexico

The Deputy Minister of external trade said that since the free trade agreement unifies the bilateral origin rules among the above countries, it will be beneficial to the export of Mexico's agriculture, animal husbandry, industry, automobile industry and service industry, as well as the development of small and medium-sized enterprises.

In addition, Mexico signed a free trade agreement with the Central American countries, cancelled the relevant legal framework of the original bilateral trade agreements, and formed a unified management system.

However, despite the pressure from other countries to enter the Mexico market, textile and

The Deputy Minister of external trade said that the signing of the free trade agreement between Mexico and Central American countries will expand the share of Mexico's exports in the region.

Up to now, Mexico accounts for only 8% of the total imports of about $48 billion a year in Central America, and Jimo's exports to Central America are less than 5 billion dollars.

According to financiers, in 2010, Mexico invested 5 billion 200 million US dollars in these countries, with a trade volume of US $6 billion 500 million, of which exports and imports amounted to US $3 billion 600 million and US $2 billion 900 million respectively.