Multilaw America’s Regional Meeting Santo Domingo, Dominican Republic

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Presentation transcript:

Multilaw America’s Regional Meeting Santo Domingo, Dominican Republic Business Development Session: Opportunities between America and Asia  Jorge Mondragón Mexico

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) History (TPP) Parties (Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam) Purpose Suspended Provisions

North American Free Trade Agreement (NAFTA) Canada, Mexico and the United States Purposes Renegotiations Main changes

Other Free Trade Agreements. 12 free trade agreements with forty-six countries 32 Investment Promotion and Protection Agreements (IPPAs) with thirty-three countries, 9 agreements of limited scope (Economic Complementation Agreements and Partial Scope Agreements) within the framework of the Latin American Integration Association (ALADI)

Treaties NAFTA, CPTPP, Free Trade Agreement (“FTA”) with Peru, Single FTA (Costa Rica, El Salvador, Nicaragua, Guatemala and Honduras), FTA with Panama, FTA G2 with Colombia, FTA with Chile, FTA with the European Union, FTA with Israel, FTA with EFTA States (Iceland, Liechtenstein, Norway and Switzerland), FTA with Uruguay, and FTA with Japan.

Foreign Investment in Mexico

Main Exportation Destinations Million USD

Main Investors

Investment Opportunities in Mexico. Oil and Gas. investment of almost 70 billion USD is expected Exploration and production of hydrocarbons. China Offshore Oil Corporation E&P Mexico, Chevron, Shell, Qatar Petroleum… Service station industry. BP (UK), Shell (U.S.), Exxon (U.S.), Total (France), Repsol (Spain)… Financial Sector. Mizuho Bank (Japanese) KEB Hana Bank (Korean) Shinhan Bank (Korean) Industrial and Commercial Bank of China (Chinese) Bank of China Mexico, S.A. (Chinese Automotive Sector. Hyundai (Korean) KIA (Korean)

Investment Oportunities in Mexico. Technological Sector/ Private Transportation. Didi Chuxing (Chinese) Aerospace Sector. manufacturing activities Wassenaar Arrangement 7th most important supplier Food Industry

Chinese Businesses in Mexico. Technology Huawei (plans to invest 1.5 billion dollars in the country in a period of 3 to 5 years) Lenovo (invested 24 million pesos to open a new office in the city of Guadalajara ) Automobiles JAC (announced an investment of 4,400 million pesos to assemble vehicles in Mexico) BAIC (it has managed to sell 1017 units)