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Japan - Mexico Economic Partnership Agreement

MexicoMexico

Area of Cooperation

Goods, Services (Core air transport services, maritime transport and financial services carved out.), Government Procurement, Investment, Competition Policy, Intellectual Property, Dispute Settlement, Trade Facilitation, Labor Mobility

Sign Date

January 1, 2004

In Force Date

December 31, 1969

Summary

The Agreement between Japan and the United Mexican States for the Strengthening of the Economic Partnership attempts to strengthen the bilateral economic relations between the two countries. It promotes the liberalization of investments and trade. In addition, it attempts to offer people a freer flow for business purpose. Japan will obtain access to the Mexican market, a consumer base will nearly 100 million. Japan will also gain a bridge to the North and South American markets through Mexico, as it has numerous agreements with countries in the region, allowing Japan treatment equal to that of the EU, Canada and US in services, customs, investment and government procurement.
http://www.mofa.go.jp/region/latin/mexico/agreement/index.html

Scope

                                                               i.      Cross-Continental Bilateral

 
Rules of Origin

                                                               i.      Heading change necessary

                                                             ii.      Value added minimum 50%

                                                            iii.      No specific manufacturing process required

 
Contingency

                                                               i.         Anti - Dumping : WTO commitments

                                                             ii.         Countervailing Duties : WTO commitments

                                                            iii.         Safeguards: Allowed, maximum 3 years.

 
News/Studies

                                                               i.      “JETRO Report Examines Effects of Japan-Mexico EPA One Year After its Entry into Force”                      http://www.jetro.go.jp/en/news/releases/20060407850-news

 
Additional Links

                                                               i.      http://www.worldtradelaw.net/fta/agreements/japmexepa.pdf

                                                             ii.      http://www.mofa.go.jp/region/latin/mexico/agreement/joint0503.html