2010 Free Trade Agreements Mexico’s International Free Trade Agreements * AELC FTA: Switzerland, Liechtenstein, Norway & Iceland Negotiation: November, 2000 MEUFTA: July 1, 2000. Trade liberalization in 2007 NAFTA: Jan. 1, 1994. Liberalization automotive sector: Jan. 1, 2004. EAA Japan: 1 April 2005 FTA Colombia & Venezuela (G3): Jan. 1, 1995. Liberalization for heavy trucks and buses will be in 2007 May 25, 2006 Venezuela cancelled its participation effective November 25, 2006 NT FTA (North Triangle): Guatemala, Honduras & El Salvador Jan. 1, 2001. FTA Costa Rica: Jan 1, 1995. Trade liberalization in 1999. FTA Nicaragua: July 1, 1998. Trade liberalization 2002 Brazil: Automtive Agreement, Ene. 1, 2003 FTA Bolivia: Jan. 1, 1995. Trade liberalization 2002 FTA Chile: Jan. 1,1999. Trade liberalization 1998 Argentina: Automotive Agreement, May 1, 2003 * 42 FTA with 11 regions FTA Israel: July 1, 2000 SAN FRANCISCO 2660 KM CHICAGO 2607 KM NEW YORK 3405 KM DETROIT 2977 KM U. S. A. NORTH CAROLINA 2454 KM SAN ANTONIO EAGLE PASS, TX HOUSTON COLOMBIA 247 km CORPUS CHRISTI NORTH EUROPE ALTAMIRA PORT 574 KM ASIA GUADALAJARA MEXICO CITY MANZANILLO PORT VERACRUZ 1115 KM 1005 KM LÁZARO CÁRDENAS 1316 km BELICE GUATEMALA HONDURAS STRATEGIC LOCATION NAFTA Time Zone Mexico & Nuevo León at a glance México Nuevo León Capital México City Monterrey Population 107 Million 4.4 Million (4% of Mexico's population) Government Federal Republic • 31 States, 1 Federal District State Government GDP $1,086 Billion USD $86.5 Billion USD (8.0% of the country’s GDP) Exports 2009 $280 Billion USD $22 billion USD FDI $15 Billion USD $1.4 Billion USD Income per capita $10,181 USD $19,693 USD • Currency: Mexican Peso • Official language: Spanish FDI Nuevo Leon´s Achievements Economy • Producer of 10.6% of all of Mexico’s manufactured goods, equivalent to $19.5 billion USD • Total exports 2009: $22 billion USD • Most important State in attracting FDI $1.4 billions in 2009 ($1.4 billion USD avg. per year) • Over 2,400 foreign companies have established operations **Data from the Secretariat of Economic Development Foreign Direct Investment $ 1.4 Billion of USD 2009 % USA 50.9 JAPAN 10.2 GERMANY 8.4 Finland 0.4% UK 7.2 Denmark 1.3% CANADA 2.5 Chile 1.3% AUSTRIA 2.2 China 1.4% CHINA 1.4 Austria 2.2 % CHILE 1.3 DENMARK 1.3 Others 13.7% Spain 0.3% Canada 2.5% England 7.2% Germany8.4% FINLAND .4 SPAIN .3 OTHERS 13.8 USA 50.9% Japan 10.2% FDI in Nuevo Leon 2006-2010 • Competitive Advantages Education & Labor Force ns • 93 colleges and universities with 150,000+ students. • More than 60 bilingual schools. • 213 technical careers with 52,000 students • 5,000 engineers graduated per year (avg.) • Workforce: 1.9 million, equals to 45% of the total population • 12 years without any strike • Stable, productive and highly qualified labor force Combination of high tech manufacturing in a low cost region Infrastructure & Connectivity CONNECTIVITY: • 2 International airports (1 commercial, 1 corporate) • +200 weekly non-stop flights to major US cities • +1000 weekly National flights • +100 cargo flights per week • Modern and efficient Public transportation that includes bus & metro system (in expansion) • Modern and efficient border crossing point at Colombia, N.L. Consolidated Industrial Sectors • Automotive, autoparts and components* • Home appliances and components* • Electric and electronic equipment • Metal mechanics • Steel, glass, cement and beverages • Software and IT services* • Specialized Medical Services* * Formalized Cluster Knowledge-based economy Shifting into a Knowledge –based Economy • Aerospace* • Biotechnology* • Nanotechnology* • Energy (specially Oil & Gas) * Formalized Cluster Competitive Nuevo Leon • • • • Location (NAFTA) • Modern Infrastructure (Technology Park Human Capital and more than 100 industrial parks) Stable Labor force Highest education level in the country (10.1 years) • Supply Hub Program (Free service of locating suppliers) • Global business culture is widespread • High quality of Life • An efficient links between the Academia, the Industry and the Government Nuevo Leon: The Platform for NAFTA Region Celina Villarreal Foreign Investment Director Secretariat of Economic Development Celina.villarreal@nuevoleon.gob.mx Ph. +52 (81) 2020-6570/ 6575 Call toll free from USA or Canada: 1-866-706-5103