Abstract (eng)
This Master Thesis has in its focus to analyze the trade relations between Mexico and the EU, mainly the modernisation of the FTA. Recently, the relations between Mexico and the European Union have been significantly intensified through the upgrading of their Free Trade Agreement. This will make almost all the goods exchanged duty-free. With this, free trade will be strengthened in addition to diversifying the market and opening new opportunities for companies of both sides to export their products. Until now, there is only an “Agreement in Principle” for the modernisation of the treaty. Although there are still technical problems to solve, it can be said the bases for a long-term commercial relationship between Mexico and the European Union have been set up; likewise, it ratifies the desire to keep a position that boosts their exchange of investments and products.
The main purpose of this thesis is to provide a modest contribution to simplifying the understanding of this new and ambitious Agreement. It is also intended to provide a general overview of the progress that has been made so far, as well as the key provisions that enclose the Agreement. To achieve this, a scrupulous analysis of the structure of the current FTA; the trade results; and the rounds of negotiation is made.
To conclude, the study provides the deductions regarding the advantages and disadvantages that the conclusion of the New Agreement may bring for Mexico and the European Union. Is the New FTA truly novel? Will it benefit both Parties equally?