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Chile's imports from Mexico (in millions of USD) decreased from $ 859.9 to $ 532.9. By 2005, total trade between Chile and Mexico had increased by 1200% since the FTA came into effect. As of 2016, Mexico was the 10th largest importer of
Chilean goods, 22% of which was "Forest Manufactures". The total value of goods exchanged has fallen from $ 4.2 billion in 2008 to US$ 3.202 billion in 2016. As of 2013, Chile was ranked as the 22nd largest importer of Mexican goods.
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92:. The goals of the agreement are to stimulate expansion and diversity of trade, eliminate barriers to trade, promote fair competition, increase investment opportunity, protect and enforce intellectual property rights, establish guidelines for further cooperations, and create procedures for the application and enforcement of the treaty.
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The Chile–Mexico Free Trade
Agreement originally aimed to program and automate liberalization of 95% of products in the tariff universe, but 98.3% of products were freed of tariffs by 2016. Between 1998 and 2001, Mexico's imports from Chile (in millions of USD) increased from $ 552.0 to $ 975.0, and
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Establish guidelines for further cooperation among the
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88:, Chile on April 17, 1998. The agreement came into effect on 1 August 1999. This treaty marked the first of its kind for Mexico and second for Chile, after
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Create effective procedures for the application and enforcement of the Treaty, for its joint administration and for the resolution of disputes.
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Investment; performance requirements, non-conforming measures, transfers, compensation and benefits, implementation, and dispute settlement.
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Transparency; publishing laws, regulations and administrative rulings promptly, allowing the other party to comment.
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Protect and enforce, in an adequate and effective manner, the intellectual property rights in the free trade zone;
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Rules of origin; ensuring that the source country of the goods imported/exported is documented accurately.
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Eliminate barriers to trade and facilitate the movement of goods and services in the free trade zone;
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Safeguards, rules and procedures to prevent injury from unforeseen trade conditions in either party.
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Technical regulations and standards; including processing regulations and guidelines.
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Sanitary and phytosanitary measures; enforcing standards for clean produce and goods.
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The goals of the agreement are described within the agreement as follows:
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Stimulate the expansion and diversification of trade between the
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Substantially increase investment opportunities in the free trade zone;
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Anti-dumping measures; reciprocal elimination of anti-dumping duties.
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The provisions within the agreement cover the following topics:
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Promote conditions of fair competition in the free trade zone;
283:"Secretaria de Economia - Subsecretaria de Negociaciones"
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179:References
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200:"DIRECON"
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