Mexico has numerous Free Trade Agreements in the world. Thanks to the fact that it has signed trade and investment agreements with 52 countries on three continents, Mexico is a strategic access door to a potential market of over one billion consumers, which represents two-thirds of world imports and 75 percent of world GDP.

Likewise, the country has signed Agreements on the Reciprocal Promotion and Protection of Investments (which foster legal protection of capital flows intended for the productive sector) with 24 countries and signed Agreements to Avoid Double Taxation (which prevent taxpayers from being assessed for taxes of comparable nature and in one same period by two or more fiscal jurisdictions) with more than 30.

In Mexico there are areas in which strategic industries, like the aerospace and automotive ones, have developed thanks to the competitive manufacturing costs the country has to offer. Mexico has also implemented a number of successful programs for trade simplification through which the products with zero tariff will increase from 20 percent in 2008 to 65 percent in 2013.

So far, more than 6,350 Mexican companies have registered voluntarily in the National Environmental Audit Program (PNAA) in order to be certified as Clean Industries. Over the past 17 years these companies have invested around 20 billion pesos to modify their production processes and thus achieve greater development of the materials, inputs and natural resources they transform.

In ProMexico, investors will find an ally for the optimal development of their businesses.

Last Updated: Tuesday April 27th 2010 by CGCI