This chapter is the first to make business-specific recommendations, in the form of general policies, that set the tone and set a framework of common principles for the following chapters. It contains important provisions such as the implementation of diligence, the management of negative effects, the participation of stakeholders, among others. The guidelines aim to ensure that the activities of multinational enterprises are in line with government policy in order to strengthen mutual trust between the companies and companies in which they operate, to help improve the foreign investment climate and to increase the contribution of businesses to sustainable development. The public procurement chapter (Chapter V, Articles 56-68) is the most comprehensive that EFTA states have concluded with each partner in this area. Because NAFTA is more than 20 years old, renegotiations can address issues that are not included in the agreement. The themes of the renegotiation could be trade in services, rules of origin, public procurement, protection of intellectual property rights, labour issues and the environment. Mexico has said it is considering modernizing NAFTA, but it is not clear how that would happen. Mexican government officials indicated that Mexico may attempt to extend NAFTA negotiations to bilateral or trilateral cooperation on several issues, including security and immigration.51 The 1998 Mexico-Chile Free Trade Agreement was entered into force on 7 July 1999 in Chile and 1 August 1999 in Mexico. Mexico and Chile signed the agreement at the 1998 U.S. Summit in Santiago, Chile, on April 17, 1998. The free trade agreement is expected to strengthen the growing trade relationship between the two countries and improve bilateral investment opportunities in both countries.

The 1998 agreement replaced a previous free trade agreement between the two countries in 1991. It cancelled tariffs on almost all merchandise trade between the two countries. 1) Promote the competitiveness of Mexico`s logistics infrastructure in accordance with the 2007-2012 national infrastructure programme. THE EFTA states and Mexico agree on non-discriminatory access to central government procurement, services and public works markets (Annex XII, Section 1) and active facilities in the drinking water, electricity, urban transport, airport and port sectors (Annex XII, Section 2). Mexico is a signatory to the Latin American Integration Association (ALADI), founded by the Montevideo Treaty in August 1980 and entered into force on March 18, 1981. ALADI replaced the Latin American Free Trade Association, founded in 1960, with the aim of developing a common market in Latin America. ALADI members include Argentina, Bolivia, Brazil, Chile, Colombia, Cuba, Ecuador, Mexico, Paraguay, Pera, Uruguay and Venezuela. The signatory states have sought to establish economic cooperation among themselves, but have made little progress in creating a common market. They pursue a flexible objective of promoting free trade without a timetable for the introduction of a common market. Members approved a regional preferential tariff regime in 1984 and expanded it in 1987 and 1990.46 Mexico has other reasons to pursue trade liberalization with other countries, such as expanding market access for its exports and reducing its dependence on the United States as an export market. By entering into trade agreements with other countries, Mexico seeks to achieve economies of scale in certain economic sectors and to develop its export market.

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