The elimination of substantially all remaining discrimination will be completed within 10 years. Trade in services between the EU and Mexico was worth Euro 3,116 million euros in 1999. The agreement is expected to reinforce an already strong flow of investment on both sides. International conventions provisions are now made much more binding by the enforcement mechanisms of the agreement, which include a Special Committee on IPR and, above all, the dispute settlement procedure. The liberalisation of agreed government procurement markets between the EU and Mexico can now take place following the necessary exchanges of detailed statistical information between the EU and Mexico.
Mexican opening includes petrochemicals, electricity and construction.
The EU will offer Mexico similar access to that offered to its WTO Government Procurement Agreement partners. For more information, please click here .