During his participation in
the World Economic Forum in Davos, President Enrique Peña Nieto met with
the President of the Swiss Confederation Johann Schneider Ammann, with
whom he witnessed the signing of the Joint
Declaration on the Launch of Negotiations for the Review of the Free Trade
Agreement (FTA) between Mexico and the Member States of the European Free
Trade Association (EFTA).
The aim is to achieve an
FTA in keeping with the 21st century between Mexico and the EFTA Member States. Both sides seek to strengthen investment flows.
Background and goals
The FTA between Mexico and
EFTA was signed on 27 November 2000 and entered into force on July 2001, while
the General Framework for the Review of the Treaty was concluded on October 28,
The document, signed by the
parties, establishes the terms for the negotiations to update and expand the
FTA between Mexico and EFTA.
The review of the FTA is designed to expand the access of Mexican
agricultural products to member states of EFTA; eliminate, reduce or
prevent unnecessary non-tariff barriers, update the chapters already included
in the FTA and incorporate new issues.
Issues that will eventually
be included include trade facilitation, regulatory coherence, SMEs and energy
cooperation.The Joint Declaration on the Launch of Negotiations
for the Review of the Free Trade Agreement between Mexico and the Member States
of EFTA was signed by Secretary of
Economy Ildefonso Guajardo; President of the Swiss Confederation Johann
Schneider Ammann; Minister of Foreign Affairs of Norway Borge Brende;
Minister of Foreign Affairs, Education and Culture of Liechtenstein Aurelia
Frick, and Permanent Representative of Iceland to the United Nations Martin