According to a statement from the Ministry of Economy (ME), concluded the first round of negotiations for a Free Trade Agreement (FTA) between Mexico and Jordan.
At the meeting held on 26 and 27 August in the city of Amman, Jordan, the disciplines that form part of the negotiation were agreed, including trade in goods (market access, rules of origin and trade facilitation), services, investment, sanitary and phytosanitary, and legal and institutional issues.
The negotiation of the FTA promise to promote greater cooperation and closer economic, political and social fields between the two countries.
The ME states that negotiating the Free Trade Agreement with Jordan will help position Mexico in one of the fastest growing countries in the Middle East.
Also Mexico will benefit from the Jordan network of trade agreements and may promote the use of Mexican inputs that favor the production chains of the two countries in global value chains.
The Mexico-Jordan will represent the first trade agreement to subscribe latter as a country of Latin America, affirm the ME, after adding that the second round of negotiations will be celebrated in Mexico in October.