Mexico aims to unify trade accords with Central America

Mexico aims to unify its three existing trade accords with Central America, Eduardo Sojo, the Mexican economy minister, announced.

Tuesday, July 1, 2008

Mexico has long-standing free trade accords with Nicaragua and Costa Rica, as well as a third – with Guatemala, Honduras and El Salvador – that dates from 2001.
The first point to be debated is the issue of rules of origin. Under Mexico's proposed reform, raw materials could be obtained in any of the countries and turned into an industrialized product in another before being exported under the trade preferences contemplated in the accords.

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