Free Trade Agreement between Mexico and the States of the European Free Trade Association
The free trade agreement between Mexico and the European Free Trade Association States ("EFTA"), involving Iceland, Liechtenstein, Norway and Switzerland, entered into force on 1 July 2001.
It covers most industrial products across HS sectors 25 through 97 including most energy products and its constituents including but not limited to:
- Electric motors, turbines and generators;
- Mechanical equipment including pumps, appliances, and other advanced machinery;
- Electric accumulators, transformers, capacitors, batteries;
- Motor vehicles;
- Mineral ore, slag and ash;
- Mineral fuels, oils and other products;
- Metals and their articles e.g. iron and steel;
- Semiconductors devices and photovoltaic cells;
Rule of origins apply to qualify for the preferential tariff treatment, conditions to confer originating status include but not limited to the following:
- For mineral ores and metals, including iron and steel but excluding tube, pipes and structures, it qualifies manufacture in which all the material used are classified within a heading other than that of the product
- For mineral fuels and oils , it qualifies i. manufacturing of all materials except that of the product ii. refining of non-originating materials or iii. other operations provided that materials same as the product heading is not more than 50% of the ex-works price of the product
- For most of the remaining products listed above, it includes i. manufacturing from non-originating materials except the product itself or ii. value of all the manufacturing materials used does not exceed 50-60 % of the ex-works price of the product
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