Free Trade Agreement - Mexico and Bolivia
The Economic Complementation Agreement between Bolivia and Mexico entered into force in June 2010. It provides for the elimination of border tariffs for most energy products, including:
- Agglomerated and reduced iron
- Alumina
- Scrap metal
- Ammonia
- Crude steel
- Aluminium
- Nitrogen fertilisers
- Solar PV Modules
- Solar Cells and Solar Wafers
- Polysilicon
- Battery packs and battery cells
- Electrolysers
- Heat pumps
- Electric cars and ICE cars
Rules of origin delineated in the Agreement dictate that goods may benefit from preferential tariff treatment if:
- wholly produced, obtained or having undergone a significant production process in one one of the signatory countries
- the total value of incorporated non-originating material remains below 50 percent of the regional value of the product.
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