Mexico
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Informe de la Secretaría de la OMC
Durante el periodo 2012-2016 el crecimiento económico en México se aceleró: el PIB se expandió a una tasa promedio anual del 25% superior al 14% registrado en el periodo 2007-2011. El PIB per cápita llegó a aproximadamente 10.000 dólares EE.UU. El crecimiento económico se ha sustentado tanto en el fortalecimiento de la demanda interna como en el aumento de las exportaciones de bienes manufacturados a los Estados Unidos. La inflación se ha mantenido bajo control dentro de un rango de entre 2% y 4% anual que corresponde a la banda de fluctuación fijada por el Banco de México.
Mexico
In the last quarter of a century trade policy in Mexico has undergone dramatic changes. After more than three decades dominated by an import substitution industrialization (ISI) strategy based on high trade barriers to protect the domestic market in the early 1980s Mexico launched an ambitious process of trade liberalization. The levels of protection were reduced first unilaterally as part of the process of economic reform and subsequently through the negotiation of bilateral and regional preferential trade agreements (PTAs) with countries in North America South America Europe and Asia.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, Ms. Irene Young of Hong Kong, China at the Trade Policy Review of Mexico, 5 and 7 April 2017
This Trade Policy Review has provided an opportunity for Members to better understand Mexico’s trade and investment policies. I would like to thank the Mexican delegation led by Mr Juan Carlos Baker Under-Secretary of Foreign Trade in the Ministry of the Economy; the Discussant H.E. Ambassador Gustavo Vanerio Permanent Representative of Uruguay to the WTO; and all the Members who have participated in this exercise for your invaluable contributions.
Report by Mexico
The Sixth Trade Policy Review of Mexico covers a period in the world economy marked by very low growth that has significantly affected developed economies and caused a sharp slow-down in the main emerging countries. This has occurred against a backdrop of factors that have generated great uncertainty and a substantial drop in oil prices high volatility on global financial markets and a period of sluggish growth in some of our main export markets.