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Eu Mexico Trade Agreement Full Text

The seventh round of negotiations was held in Brussels, Belgium, from 11 to 21 December 2017. During this round, Mexico and the EU completed their work on issues of competition, SMEs, transparency, SPS, good regulatory practices, trade and sustainable development. Negotiations also focused on revised market access offers for products traded after the sixth round of negotiations. The interim agreement, which was to be in force until the comprehensive agreement came into force, was approved by the Mexican Senate on 23 April 1998. The proceeds of this agreement were approved by the European Parliament on 13 May 1998 and the parties exchanged instruments for ratification on 30 June 1998, allowing the interim agreement on accompanying and accompanying measures to enter into force on 1 July 1998. The eighth round of negotiations took place in Mexico City from 8 to 7 January 2018. The ninth round of negotiations began on 12 February 2018 in Mexico City. On 21 April 2018, Mexico and the European Union concluded negotiations for a new global agreement. The new agreement includes political, economic and cooperative aspects to strengthen political dialogue, boost trade and investment and strengthen technical and scientific cooperation between the two sides.

On 28 April 2020, the EU and Mexico concluded the last outstanding element of negotiations on their new trade agreement, namely the exact scope of reciprocal opening of public procurement at the sub-central level. The objectives of the agreement (Article 1) include the gradual liberalisation of trade in goods, in accordance with GATT Article XXIV, and the liberalisation of trade in services in accordance with Article V of the GATS. It is therefore a second-generation free trade agreement, which includes, in addition to trade in goods, trade in services, investment and public procurement. The agreement was adopted by the Council of the European Union on 28 September 2000, after the contracting parties stagnated the necessary notification to enter into force of the agreement and came into force on 1 October 2000. The result is more liberal rules in sectors where one party is facing a shortage of raw materials or components (for example). B for chemicals, machinery and auto parts). In the textile and clothing sector, Mexico grants EFTA states quotas for imports of textile and clothing products into Mexico under a more liberal regime (Annex I, point a) of Schedule I. The initial Association Agreement brought many trade benefits to the EU and Mexico, although some trade barriers remain.

The chapter on the protection of intellectual property rights (Chapter VI, Article 69 and Appendix XXI) includes, among other things, patents, trademarks and copyrights and geographical indications. The level of protection in some areas goes beyond the level of protection established by the WTO agreement on trade-related aspects of intellectual property, taking into account the principles of treatment of the most favoured nation and national treatment. The agreement contains provisions for geographical indications. Mexico and the EU have agreed to speed up trade negotiations to modernise their free trade agreement. They will hold two additional rounds of negotiations on April 3 and 7 and June 26-29, 2017, as part of an accelerated negotiating plan. Trade statistics and details of the existing trade agreement Trade aspects of the Global Agreement were adopted by decisions 2/2000 establishing a free trade area for goods and the EU-Mexico Joint Council 2/2001 Services Free Trade Area.