Brazil-Mexico Economic Complementation Agreement Nº 53

Country / jurisdiction: Mexico · Year: 2003 · Status: In force · Level: International · Type: Voluntary

The Economic Complementation Agreement between Mexico and Brazil entered into force on 2003, fully or partially eliminating import tariff for most energy products and technologies, including:

Agglomerated and reduced iron;

Alumina, scrap metal, ammonia, crude steel;

Aluminium, nitrogen fertilizers;

Solar PV modules, solar cells, solar wafers;

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries or incorporating materials of external origin valued above 50% of the transaction value of the good to benefit from the tariff treatment established by the Agreement.

Official source: https://www2.aladi.org/nsfaladi/textacdos.nsf/0f226c9002f6aebf03257491004226fe/500a94b3290e6e3403256c440049306a?OpenDocument