Automakers may begin to look more seriously at investment in Mexico following the completion of free trade talks between the European Union and Mexico. While the Mexican Senate and the EU's 15 member states still must accept the trade pact, the two countries are expected to implement the agreement on July 1, 2000. Under the deal, an automaker in Mexico can ship a vehicle to the EU with no tariff as long as 50% of the parts are of Mexican origin. Rules of origin differ for parts and ...
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