The fourth EU Implementation Report (other languages), published in November 2020 and preceded by the preface by DG Commerce Director-General Sabine Weyand (other languages), provides an overview of the results achieved in 2019 and the remarkable work for the EU`s 36 main preferential trade agreements. The accompanying staff working document provides detailed information in accordance with the trade agreement and trading partners. Fact sheets, Vietnamese trade in your city, texts of agreements, stories of exporters Colombia, Venezuela and Mexico make about 70 percent of the largest Caribbean region. The three countries concluded a free trade agreement in 1994 that protects intellectual property rights and public sector investment. Trade restrictions are expected to be reduced by 10% per year over a 10-year period. Venezuela finally left the agreement in 2006. Mexico`s proximity to the United States and Canada has created a vast North American logistics centre that provides easy access and access to goods for all three countries. The North American Free Trade Agreement (NAFTA) stimulates trade between the three countries by removing tariffs on products with a 60% rule of origin in North America. Mexico`s main exports to the United States and Canada are automotive, auto parts and electronics. These exports are due to two- and three-way trade, in which more than half of the materials used in the products came from a NAFTA country.
This form of trade has increased the GDP rates of the three countries over the past 23 years. The EU-Mexico Free Trade Agreement is one of the most comprehensive trade agreements negotiated by the EU. Investors in both regions enjoy preferential access to goods and services as well as investment security. The first transatlantic free trade agreement for the EU, signed in 2000 and implemented in 2001, appeared to be a success, as trade increased by 28.9% in the first two years. Tariffs on Mexican exports to the EU began with an 82% abolition of tariffs. These rates were due to expire in 2013. Mexico offers more free trade agreements (FTAs) than any other country and is a trading partner with more than 50 countries. The full list of Mexico`s 14 free trade agreements is available here.