Getting the Most from the FTA with Mexico

Nicaraguan products such as leather, footwear, yogurt and other dairy products, and spices, are potential business opportunities under the unified Central America-Mexico trade agreement.

Friday, February 17, 2012

"There is a large niche in the Mexican market which is an opportunity for Nicaragua to place more and more products, to diversify their offering," said Rodrigo Melendez, manager of the economic and commercial section at the Mexican Embassy in Managua, reported LaPrensa.com.ni.

The official said that with the entry into force of this new treaty the rules of operation for trade have been modernized, which will make the region more competitive.

"There is potential to serve this market. What we need is advice on logistics, transportation, in order to give support," said José Maria Guerrero, Competitive Intelligence Manager of the Export and Investment Center (CEI).

The unified FTA between Mexico and Central America was signed on November 22nd , 2011. Its ratification by countries on the isthmus is pending.



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Benefits of a Unified FTA Mexico - Central America

January 2012

Central American countries will be able to access the Regional Integration Committee of Supplies, to supply raw materials for the development of Mexican goods, especially textiles.

After three years of negotiations, the Unified Free Trade Agreement between Mexico and Central America was signed on November 22nd 2011.

Central America and Mexico Sign Unified FTA

November 2011

Until now Mexico has had a separate bilateral treaty with Costa Rica, Nicaragua and the Northern Triangle consisting of El Salvador, Guatemala and Honduras.

The Unified Free Trade Agreement (FTA) will be signed today, November 22 in San Salvador, said El Salvador’s finance minister.

Central America - Mexico TLC in Stalemate Over Sugar and Textiles

October 2011

Access for sugar and the rules of origin for textile goods are delaying the negotiations for unification of the FTAs between Mexico and the region.

Before the 17th of October, the planned date for signing the agreement, negotiations in these areas must be concluded.

The Costa Rican Minister of Foreign Commerce (Comex), Anabel Gonzalez said ...

Approval of Guatemala-Mexico FTA Urged

June 2013

The Mexican President Enrique Pena Nieto said that approving the trade agreement between the two countries will increase bilateral trade volume.

"We hope that very soon the Congress of Guatemala will ratify it, as this will trigger trade relations to continue to grow more and more," said Peña Nieto, who during his speech at the Guatemala Investment Summit, said that in the last 12 years bilateral trade has quadrupled.

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