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2010. Free Trade Agreements. Mexico’s International Free Trade Agreements *. AELC FTA: Switzerland, Liechtenstein, Norway & Iceland Negotiation: November, 2000. MEUFTA: July 1, 2000. Trade liberalization in 2007. NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004.
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Free Trade Agreements Mexico’s International Free Trade Agreements * AELC FTA: Switzerland, Liechtenstein, Norway & Iceland Negotiation: November, 2000 MEUFTA: July 1, 2000. Trade liberalization in 2007 NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004. NT FTA (North Triangle): Guatemala, Honduras & El Salvador Jan. 1, 2001. EAA Japan: 1 April 2005 FTA Costa Rica: Jan 1, 1995. Trade liberalization in 1999. FTA Nicaragua: July 1, 1998. Trade liberalization 2002 FTA Colombia & Venezuela (G3): Jan. 1, 1995. Liberalization for heavy trucks and buses will be in 2007 May 25, 2006 Venezuela cancelled its participation effective November 25, 2006 Brazil: Automtive Agreement, Ene. 1, 2003 FTA Bolivia: Jan. 1, 1995. Trade liberalization 2002 FTA Chile: Jan. 1,1999. Trade liberalization 1998 * 42 FTA with 11 regions FTA Israel: July 1, 2000 Argentina: Automotive Agreement, May 1, 2003
NORTH NEW YORK 3405 KM SAN FRANCISCO 2660 KM CHICAGO 2607 KM DETROIT 2977 KM U. S. A. NORTH CAROLINA 2454 KM SAN ANTONIO EAGLE PASS, TX HOUSTON COLOMBIA 247 km CORPUS CHRISTI EUROPE ALTAMIRA PORT 574 KM ASIA GUADALAJARA MEXICO CITY VERACRUZ 1005 KM MANZANILLO PORT 1115 KM LÁZARO CÁRDENAS 1316 km BELICE GUATEMALA STRATEGIC LOCATION NAFTA Time Zone HONDURAS
Mexico & Nuevo León at a glance • Currency: Mexican Peso • Official language: Spanish
FDI Nuevo Leon´s Achievements Economy • Producer of 10.6% of all of Mexico’s manufactured goods, equivalent to $19.5 billion USD •Total exports 2009: $22 billion USD •Most important State in attracting FDI $1.4billionsin 2009 ($1.4 billion USD avg. per year) • Over 2,400 foreign companies have established operations **Data from the Secretariat of Economic Development
Foreign Direct Investment $ 1.4 Billion of USD 2009
Education & Labor Force ns • • 93colleges and universities with 150,000+ students. • • More than 60 bilingual schools. • • 213 technical careers with 52,000 students • 5,000 engineers graduated per year (avg.) • • Workforce: 1.9 million, equals to 45% of the • total population • • 12 years without any strike • • Stable, productive and highly qualified labor force • Combination of high tech manufacturingin a low cost region
Infrastructure & Connectivity CONNECTIVITY: • 2 International airports (1 commercial, 1 corporate) • +200 weekly non-stop flights to major US cities • +1000 weekly National flights • +100 cargo flights per week • Modern and efficient Public transportation that includes bus & metro system (in expansion) • Modern and efficient border crossing point at Colombia, N.L.
Consolidated Industrial Sectors • Automotive, autoparts and components* • Home appliances and components* • Electric and electronic equipment • Metal mechanics • Steel, glass, cement and beverages • Software and IT services* • Specialized Medical Services* * Formalized Cluster
Knowledge-based economy Shifting into a Knowledge –based Economy • • Aerospace* • • Biotechnology* • • Nanotechnology* • Energy (specially Oil & Gas) • * Formalized Cluster
Competitive Nuevo Leon • • Location (NAFTA) • • Human Capital • • Stable Labor force • • Highest education level in the country (10.1 years) • • Supply Hub Program (Free service of locating suppliers) • • Modern Infrastructure (Technology Park and more than 100 industrial parks) • • Global business culture is widespread • • High quality of Life • • An efficient links between the Academia, the Industry and the Government
Nuevo Leon: The Platform for NAFTA Region Celina Villarreal Foreign Investment Director Secretariat of Economic Development Celina.villarreal@nuevoleon.gob.mx Ph. +52 (81) 2020-6570/ 6575 Call toll free from USA or Canada: 1-866-706-5103