European Union – Mexico
Seen the history of the European Union since 2004 it had 15 countries joining it. It was the biggest market in the world. The total population was of 380 millions. And the GDP per capita was €24,000.
In may first of 2004 ten more countries joined the EU. And in the actuality 27 countries are joining it. It continues having the biggest market of the world with the 19% of the total market of the world. Now the EU has a free treat with business, services, capitals and people. All this allows to all the members travelling and easy interchange of products. All the members of this Union have to have political stability and the countries with the ones that have commercial treat too.
Considering that Mexico had been involved in international relation in all its history the European Union had evaluated that and its political stability. In September of 2000 a treat between the European Union and Mexico was signed.
As a result of this treat Mexico now has increase its international exportation and importation of products. Now days the 4% of al the exportation of Mexico are with the EU wile the 92% are with the members of the FTA. The 12% of the importations of products to Mexico is with the EU wile the 65% is with the FTA countries.
All this is important to Mexico because of all the benefits that it can have. Beginning with the possibility of Mexico to import a lot of products, without expensive taxes. And also because with all the exported products that Mexico gives to other countries augment the GDP.