The Mexico Trade Agreement Of Central America Benefits Salvatore'S Spinning And Weaving Industry.

Central America and Mexico freedom

Since there is a consensus on both sides, the FTA negotiations will be speeded up and integrated into the three FTA of Mexico and Central America as a "free trade agreement between Mexico and Central America".

Mexico has signed "Mexico and FTA" with Costa Rica, and has signed "Mexico and FTA" with Nicaragua, and has signed the "Mexico and Central America FTA" with the Three Kingdoms (the so-called North Triangle), and most of the agreements have been implemented for more than 10 years.

Central America has great potential for development in Mexico. There are 38 million consumers in Central America. In 2010, total imports amounted to US $50 billion, Mexico accounted for only 8% of imports, bilateral trade amounted to US $65 billion, and Mexico enjoyed five Central American countries.

Take Salvatore as an example, Mexico exports to Salvatore $500 million a year, mainly in cars, auto parts, gasoline, chemical products, LCD TV, avocado, white jade rice and medicine.

Salvatore exported only $60 million to Mexico.

Salvatore's Ministry of economic affairs pointed out that the FTA will accelerate business circulation and investment, and SMEs will also benefit from the reduction of paction costs.