Free Trade Agreement With The Eu

In EFTA countries, openness to trade and access to international markets are the basis of economic growth and general well-being. EFTA states actively apply and promote high standards of sustainable development and inclusion in their trade and external policies. In adopting standard rules on trade and sustainable development in 2010, EFTA ministers recognized the need to strengthen policy coherence at national and international levels in order to harness the potential of a positive contribution of international trade to promote sustainable development. The EU-Mexico Joint Council held its first session on 27 February 2001. During this session, the Joint Council adopted the conclusions of the negotiations on trade in services, capital flows and related payments, as well as on intellectual property, which are expected to come into force on 1 March 2001. The session was also adopted by Decision 02/2000 and the information document relating to Decision 02/2000 would enter into force Title III on public procurement on 27 February 2001. The last meeting of the EU-Mexico Joint Council was held in Prague (Czech Republic) in May 2009. The UK has left the EU, but its trade relations remain unchanged until the end of the year. That`s because it`s in an 11-month transition – designed to give both sides some time to negotiate a new trade deal. Any existing EU agreement, which will not be rushed, will end on 31 December and future trade will take place on WTO terms until an agreement is reached. Mexico and the EU have agreed to speed up trade negotiations to modernise their free trade agreement. They will hold two additional rounds of negotiations on April 3 and 7 and June 26-29, 2017, as part of an accelerated negotiating plan.

The eighth round of negotiations took place in Mexico City from 8 to 7 January 2018. The ninth round of negotiations began on 12 February 2018 in Mexico City. On 21 April 2018, Mexico and the European Union concluded negotiations for a new global agreement. The new agreement includes political, economic and cooperative aspects to strengthen political dialogue, boost trade and investment and strengthen technical and scientific cooperation between the two sides. To date, more than 20 of these existing agreements, covering 50 countries or territories, have been shaken up with the exception of the I.V. and will begin on 1 January 2021.

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