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Mexico: International Trade Comparative Guide – Legal500
MEXICO CITY, MEXICO, December 10th, 2024 – What has been your jurisdiction’s historical level of interaction with the WTO (e.g. membership date for the GATT/WTO, contribution to initiatives, hosting of Ministerials, trade policy reviews)?
Mexico became a General Agreement on Tariffs and Trade (“GATT”) member in 1986 and a founding member of the World Trade Organization (“WTO”) in 1995, consistently extending most-favoured-nation (“MFN”) treatment to all its trading partners.
Actively engaging in numerous initiatives, trade policy reviews, and ministerial meetings, Mexico has played a pivotal role in global trade. As of November 2023, it has been involved in 25 disputes as a complainant, 15 as a respondent, and has acted as a third party in 112 WTO cases. Since joining GATT, Mexico has undergone six trade policy reviews, with the latest occurring in October 2022. Notably, Mexico hosted a Ministerial Conference in Cancun from September 10-14, 2003.
Mexico continues to be an enthusiastic participant in regular WTO activities, negotiations, and discussions on emerging trade-related issues. In 2016, it ratified the Trade Facilitation Agreement, committing to the immediate implementation of all agreed provisions. In 2021, Mexico established its National Trade Facilitation Committee.
This country-specific Q&A provides an overview of International Trade laws and regulations applicable in Mexico. To read the full pdf article click here or check out the full Legal500 guide here.